Take-Two "jumped" into the opportunity to buy a gearbox when the opportunity arose to do so on "reasonable" terms earlier this year, CEO Strauss Zelnick said in an investor call.

"We have all the respect in the world for Randy Pitchford and his team," Zelnick said. "He has the ability to bring triple-A products to market responsibly, very reliable and at a fairly fast pace. And he's a hitmaker. It was very hard to make a new hit, and Tiny Tina was a new hit."

Borderlands spin-off Tiny Tina's Wonderland exceeded expectations, and Take 2 said in 2022.

Take-Two has published Gearbox's Borderlands games since its first in 2009, but until very recently it did not own a studio. In 2021, Gearbox was acquired by the Swedish holding company Embracer Group forド1.3 billion. Embracer, which is currently downsizing and restructuring, sold the gearbox to Take Two earlier this year for4460 million.

"We have already identified many potential growth opportunities for the Borderline series and gearbox catalogs, which we plan to pursue once the studio is integrated into our organization,"Zelnick said in Today's call,"Zelnick said in today's call.

Gearbox was already working behind the scenes on what's next for Borderlands - there was speculation today that Borderlands 4 could be revealed on May 6 this year thanks to the summer gamefest bullying - but Zelnick's comments suggest the new Borderlands project could be illuminated green as a result of Take—Two's acquisition. It sounds like you might be exposed.

At the same time as it is growing in the acquisition of Gearbox, Take-Two is shrinking elsewhere: The company recently announced that it is laying off about 5% of its employees. It has been reported that 2 studios have been closed as a result of the cuts, but Zelnick says the situation remains unclear, but not closed.