Take-Two Takes Over 'Civilization'

Civilization is coming to Take-Two Interactive (TTWO Quote), as the video-game maker announced Monday that it has acquired the developer of the popular award-winning strategy game series.

As part of the transaction, the formerly privately held Firaxis Games will become a part of Take-Two's 2K Games publishing label. The companies did not disclose the transaction's financial details.

Sid Meier, the heralded developer of Civilization, Pirates and other games, will remain with Firaxis following the acquisition, said Kelley Gilmore, a spokeswoman for Firaxis. Firaxis stay in Hunt Valley, Md., after the transaction and none of its 65 employees is expected to be laid off as a result, Gilmore said. ...