Take-Two sells indie games label Private Division

Take-Two did not disclose the buyer of the Private Division or how much they paid. In a statement emailed to The VergeTake-Two spokesman Alan Lewis wrote:

We recently made the wise decision to sell our Private Label Division to focus our resources on growing our core and mobile businesses for the long term. As part of this transaction, the buyer purchased our rights to all of Private Division’s live and unreleased titles.

Take-Two will continue to support No Rest for the Wicked, which launched in Early Access on PC in April. We are very grateful for the contributions the Private Division team has made to our company and we are confident that they will continue to achieve success in their new home.

Take-Two CEO Strauss Zelnick said GamesIndustry.biz that the buyer will be named soon and said, “The Private Division team has done a great job supporting private developers and, almost for one, every project they support has done well. However, the size of those projects, obviously, was on the small side, and we’re in the business of making big hits,” he said. Grand Theft Auto VI.