Take-Two sells unit to Canada's Mad Catz

Fri Sep 7, 2007 1:01pm EDT

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(Reuters) - Game publisher Take-Two Interactive Software Inc. (TTWO.O) said it sold its video game accessories unit, Joytech, to Mad Catz Interactive Inc (MCZ.TO)(MCZ.A) for about $3.7 million, as part of its efforts to divest non-core businesses.

Take-Two said the deal will not be material to its financial results. Mad Catz said it expects the deal to add to earnings within the first year of completion.

(Reporting by Anirvan Ghosh in Bangalore)

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