Take-Two Sheds Accessory Unit

Take-Two (TTWO) has sold its Joytech peripherals unit (joysticks, cables, etc) to Mad Catz for $3.7 million. It’s non-event for Take-Two, which didn’t even bother to disclose the sales price in its announcement (though tiny Mad Catz, whose stock trades for less than a dollar, did). But anything that can help the company focus on getting Grand Theft Auto IV out the door as soon as possible is a good thing. Release.

Related: Take-Two Blows Grand Theft Auto, Blames Sony And Microsoft
The Limits Of Business Journalism, Take-Two Edition