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January 26, 2005
Take-Two takes out Sega
Posted by Dominic Basulto
Manhattan-based video games publisher Take-Two Interactive Software bought all of Sega's sports game development studio, Visual Concepts Entertainment, and its wholly owned Kush Games studio, for $24 million in cash. Take-Two will then turn around and launch a new game label, 2K Games. The story's already been Slashdotted, where readers weigh in on the consolidation of the sports games market. Greg Costikyan, too, has a nice piece on the strangulation of sports games.
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