Microsoft is acquiring ZeniMax Media, the parent company of Bethesda Softworks, publisher of the best-selling video game franchises The Elder Scrolls, Fallout and Doom.– Advertisement –
The $7.5bn deal will see all future releases from Bethesda’s studios included on the Xbox Game Pass subscription service.
Bethesda parent company ZeniMax Media was founded in 1999 by Chairman and CEO Robert A. Altman
“This is a thrilling day for this company, our employees, and our fans. We have enjoyed a close partnership with Microsoft for decades, and this deal is a natural progression of those years working together,” said Altman. “The big winners today are our fans. We are continuing to develop our slate of AAA games, but now with Microsoft’s scale and entire Game Stack, our games can only get better.”
Xbox chief Phil Spencer said: “Like us, Bethesda are passionate believers in building a diverse array of creative experiences, in exploring new game franchises, and in telling stories in bold ways. All of their great work will continue and grow, and we look forward to empowering them with the resources and support of Microsoft to scale their creative visions to more players in new ways for you.”– Advertisement –
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