Microsoft buys Bethesda’s parent company ZeniMax for $7.5 Billion

On Monday, Microsoft announced that it would acquire ZeniMax Media for $7.5 billion, strengthening its Xbox video game collection with the addition of games like Fallout and Doom.

Notably, ZeniMax is the parent company of Bethesda Softworks, which has developed popular games including Wolfenstein, The Elder Scrolls, and Dishonored.

Microsoft mentioned that it plans to bring Bethesda’s future games into its monthly Xbox Game Pass subscription service after they launch on Xbox or PC. Microsoft added that the game pass has over 15 million subscribers.

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“With the addition of Bethesda, Microsoft will grow from 15 to 23 creative studio teams and will be adding Bethesda’s iconic franchises to Xbox Game Pass. This includes Microsoft’s intent to bring Bethesda’s future games into Xbox Game Pass the same day they launch on Xbox or PC, like Starfield, the highly anticipated, new space epic currently in development by Bethesda Game Studios,” Microsoft said in a blog post.

Tech giant Microsoft also said that Bethesda’s structure and leadership will remain as it is.
“Bethesda parent company ZeniMax Media was founded in 1999 by Chairman and CEO Robert A. Altman; Bethesda’s structure and leadership will remain in place,” a statement in the blog post read.

As per Microsoft, the ZeniMax deal will be finalized in the second half of the fiscal year 2021.

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