Take-Two acquires Techcorp Limited

Take-Two Interactive has announced that it has acquired Hong Kong-based video accessories company Techcorp Limited. Through the acquisition, Take-Two hopes to strengthen its peripherals business in Europe and accelerate the growth of its related North American operations.

"With the resources and contacts of Take-Two, combined with our design and engineering skills, we expect to become a worldwide force in the game accessory market," said Peter Yeung, CEO of Techcorp Limited.

"Take-Two continues to add to its diversified interactive games group, and the design engineering talents that this acquisition brings is a further step in our vertical integration strategy,'' said Kelly Sumner, CEO of Take-Two Interactive.

Currently, Techcorp Limited designs accessories for a variety of platforms, including the Sony PlayStation and PlayStation 2, the Nintendo Game Boy Advance, and the Microsoft Xbox.