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EGW-NewsothersAll newsTake-Two Out of Race for Codemasters

Take-Two Out of Race for Codemasters

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It looks like there's a winner in the epic race to buy Codemasters. Take-Two has officially abandoned its acquisition of racing game developers.

Take-Two will now be looking for a new studio to acquire, according to a statement. Recall that earlier the parent company Rockstar offered $ 974 million for Codemasters.

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The withdrawal from Take-Two means that Codemasters will soon become part of Electronic Arts. Those, in turn, will pay $ 1.2 billion, and they intend to complete the takeover process by the end of March.

As a reminder, Codemasters are known for creating racing games. They are responsible for the development of DiRT, GRiD, F1, Need for Speed: Shift and the Project CARS trilogy.

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