'Grand Theft Auto' game publisher buys 'Farmville'-maker Zynga for record $12.7 billion

The proposed purchase of Zynga is some $4.1 billion more than Chinese conglomerate Tencent paid for an 81.4 percent majority in Finland's Supercell -- another mobile game maker that developed the Clash of Clans franchise -- in 2016. That deal of $9.274 billion served as the previous high mark for acquiring video game company. In 2020, Microsoft acquired ZeniMax Media, which includes highly-regarded game maker Bethesda Softworks, for $8.1 billion. In 2015, Activision Blizzard paid $5.9 billion to acquire King, the mobile game maker behind "Candy Crush."