New, larger facility opened through partnership with Ontario government; Combines Vancouver studio and expects to grow staff over time
NEW YORK--(BUSINESS WIRE)--Jul. 9, 2012-- Rockstar Games, a publishing label of Take-Two Interactive Software, Inc. (NASDAQ: TTWO), today announced that it is expanding its development capabilities in Toronto, and has opened a larger, new, custom-built facility in Oakville, Ontario for the Rockstar Toronto team. The studio expansion is being supported by the Ontario government. Financial details were not disclosed. In conjunction with the expansion, Rockstar Games is moving its 35-person Vancouver-based development team to the new facility over the next six months, and is offering all members of that team the opportunity to join Rockstar Toronto or take positions in other Rockstar studios.
Rockstar Toronto has worked on several critically acclaimed Rockstar Games titles, including the recently released Max Payne 3, as well as The Warriors and the Grand Theft Auto series. Rockstar Vancouver has worked on Bully and Max Payne 3.
"Expanding Rockstar Toronto and bringing our Canadian development talent together under one roof underscores our commitment to building world-class teams that can make the kind of groundbreaking entertainment experiences Rockstar Games is known for," said Jennifer Kolbe, Vice President of Publishing and Operations for Rockstar Games. "We believe a single Canadian team will make for a powerful creative force on future projects. We plan to add more than 50 new positions to our combined Canadian team, and are pleased to be entering into this strategic partnership with the Ontario government."
"Rockstar Games' decision to expand its Toronto studio demonstrates the confidence in Ontario's leading-edge digital gaming industry. By providing financial support and tax incentives to help companies grow, we maximize Ontario's competitiveness in the global economy and support job creation," said Brad Duguid, Minister of Economic Development and Innovation.
About Take-Two Interactive Software
Headquartered in New York City, Take-Two Interactive Software, Inc. is a leading developer, marketer and publisher of interactive entertainment for consumers around the globe. The Company develops and publishes products through its two wholly-owned labels Rockstar Games and 2K, which publishes its titles under the 2K Games, 2K Sports and 2K Play brands. Our products are designed for console systems, handheld gaming systems and personal computers, including smartphones and tablets, and are delivered through physical retail, digital download, online platforms and cloud streaming services. The Company's common stock is publicly traded on NASDAQ under the symbol TTWO. For more corporate and product information please visit our website at http:///webmail.rockstargames.com/exchweb/bin/redir.asp?URL=http://www.take2games.com.
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Source: Take-Two Interactive
Simon Ramsey, 212-334-6633
Take-Two Interactive Software, Inc.
Alan Lewis, 646-536-2983