Today, Take Two Interactive announced their acquisition of Illusion Softworks, creators ofMafia,Hidden & Dangerous, andVietcong. Illusion will join 2K Games development studio under the name 2K Czech.
Currently, Illusion Softworks is developingMafia IIwith 2K Games. Ben Feder, CEO of 2K was quoted as saying, “The acquisition of Illusion Softworks reflects our strategic focus on owning high-value intellectual property as we continue to expand our portfolio of triple-A titles.”
Take Two’srapid expansion(having recently formed 2K Marin) spells good things for fans of their previous releases (and really, who doesn’t love at least one thing they’ve done). Considering the smashing success ofBioshockit will be interesting to see what 2K can do with this title. No release date has been announced forMafia IIas of yet. Hit the jump to peep the full press release.
[Thanks, Justin]
Take-Two Interactive Software, Inc. Acquires Illusion Softworks
New York, NY – July 16, 2025 – Take-Two Interactive Software, Inc.(NASDAQ:TTWO) today announced the acquisition of Illusion Softworks, apremier Central European-based game development studio with operationsin Brno and Prague, the Czech Republic. Illusion Softworks hasapproximately 200 employees and will join Take-Two’s 2K Games publishinglabel as its newest studio, 2K Czech.
Established in 1997, Illusion Softworks is the creator and owner ofseveral hit video game franchises, including Mafia, Hidden & Dangerousand Vietcong. The studio is currently working with 2K Games on MafiaII, the sequel to the original Mafia, which helped establish thegangster genre and sold more than two million units.
“The acquisition of Illusion Softworks reflects our strategic focus onowning high-value intellectual property as we continue to expand ourportfolio of triple-A titles,” said Ben Feder, Chief Executive Officerof Take-Two.
Christoph Hartmann, President of 2K, said, “Adding 2K Czech to ournetwork of development studios demonstrates our strong commitment tocreating great franchises and building world-class creative teams. The2K Czech team is responsible for several very innovative andhighly-regarded franchises and we look forward to continuing to developnew and existing IP together.”
“We have an excellent working relationship with 2K Games and the utmostrespect for them,” said Petr Vochozka, CEO of 2K Czech. “We are pleasedto become a 2K studio and are confident that this new partnership willstrengthen our current and future projects.”
About Mafia II
Bred from enormous fan demand, Mafia II is the sequel to the classicfree roaming action-crime game that mesmerized gamers around the world.Mafia II takes players on an unforgettable journey interacting withEmpire City’s Mafia crime families from the early ’50s. Intensegameplay and a script by Daniel Vavra, the scriptwriter of the originalMafia, provide the perfect synergy of action and award-winningstorytelling. The title is being developed for the Xbox 360(r) videogame and entertainment system from Microsoft, PLAYSTATION(r)3 computerentertainment system, and Games for Windows(r).
About Take-Two Interactive Software
Headquartered in New York City, Take-Two Interactive Software, Inc. is aglobal developer, marketer, distributor and publisher of interactiveentertainment software games for the PC, PLAYSTATION(r)3 andPlayStation(r)2 computer entertainment systems, PSP(r)(PlayStation(r)Portable) system, Xbox 360(r) and Xbox(r) video game andentertainment systems from Microsoft, Wii(tm), Nintendo GameCube(tm),Nintendo DS(tm) and Game Boy(r) Advance. The Company publishes anddevelops products through its wholly owned labels Rockstar Games, 2KGames, 2K Sports and 2K Play; and distributes software, hardware andaccessories in North America through its Jack of All Games subsidiary.Take-Two’s common stock is publicly traded on NASDAQ under the symbolTTWO. For more corporate and product information please visit ourwebsite atwww.take2games.comhttp://www.take2games.com/ .
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Safe Harbor Statement under the Private Securities Litigation Reform Actof 1995: This press release contains forward-looking statements made inreliance upon the safe harbor provisions of Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the SecuritiesExchange Act of 1934, as amended. The statements contained herein whichare not historical facts are considered forward-looking statements underfederal securities laws. Such forward-looking statements are based onthe beliefs of our management as well as assumptions made by andinformation currently available to them. The Company has no obligationto update such forward-looking statements. Actual results may varysignificantly from these forward-looking statements based on a varietyof factors. These risks and uncertainties include the matters relatingto the Special Committee’s investigation of the Company’s stock optiongrants and the restatement of our consolidated financial statements. Theinvestigation and conclusions of the Special Committee may result inclaims and proceedings relating to such matters, including previouslydisclosed shareholder and derivative litigation and actions by theSecurities and Exchange Commission and/or other governmental agenciesand negative tax or other implications for the Company resulting fromany accounting adjustments or other factors. Other important factors aredescribed in the Company’s Annual Report on Form 10-K for the fiscalyear ended August 02, 2025 in the section entitled “Risk Factors.”
