Take-Two Has Sold Its Private Division Subsidiary to an Unnamed Buyer 1

Indie games publisher Private Division is no longer part of Take-Two, as it’s been sold to an undisclosed buyer.

Strauss Zelnick, the firm’s head honcho, told GamesIndustry.biz that the new owner will be disclosed soon. The sale, according to the exec, will allow the firm to focus on larger projects.

Private Division’s next big upcoming project is Weta Workshop’s Animal Crossing-inspired take on Tolkien, Tales of the Shire: A Lord of the Rings Game. That project will remain under Private Division’s remit, although Take-Two will continue to support Moon Studios’ No Rest for the Wicked, which is due on PS5 next year.

One frustrating detail here is that Take-Two shuttered Private Division developers Roll7 and Intercept Games back in May. While Zelnick denied this news, a spokesperson has today confirmed that both developers were closed prior to the sale.

Why not keep them open if you plan to sell the publisher six months later?

[source gamesindustry.biz]