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Take-Two to acquire Serbian mobile-gaming company Nordeus for up to $378 million

·1 min read
Take-Two to acquire Serbian mobile-gaming company Nordeus for up to $378 million

Take-Two Interactive Software Inc. has agreed to acquire Serbian mobile-gaming company Nordeus for up to $378 million, the videogame company announced Wednesday. Take-Two says that the upfront price of $225 million includes cash and newly issued Take-Two shares, while Nordeus also has the option for earn-out consideration if the company meets earnings thresholds during the first two years. Nordeus makes "Top Eleven," a mobile soccer-management game that has more than 240 million registered users