Take-Two Interactive Software Acquires Animation Company Dynamixyz For Undisclosed Sum

  • Take-Two Interactive Software Inc TTWO acquired video-based facial animation services provider, Dynamixyz.
  • The financial terms of the transaction remain undisclosed.
  • Dynamixyz owns and operates a suite of leading-edge, proprietary motion capture, facial analysis, and complete 3D processing tools and technology that combines computer graphics, computer vision, and machine learning.
  • Dynamixyz will operate as a division of Take-Two and work exclusively with the company's publishing labels and studios.
  • Dynamixyz CEO Gaspard Breton will continue to oversee Dynamixyz.
  • Take-Two held $2.7 billion in cash and equivalents as of March 31, 2021.
  • Price action: TTWO shares traded higher by 1.16% at $179.08 in the premarket session on the last check Thursday.
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