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Microsoft to purchase ZeniMax Media and Bethesda for $ 7.5 billion

The tech giant gains control of "The Elder Scrolls", "Doom", "Dishonored", "Prey" and many more valuable IPs.

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September
21, 2020

3 min read

This story originally appeared on PCMag

In one of the biggest and most surprising news items of 2020, Microsoft announced it was acquiring ZeniMax Media for $ 7.5 billion in cash, including Bethesda Softworks and Bethesda Game Studios.

"Gaming is the most expansive category in the entertainment industry as people everywhere turn to gaming to socialize, socialize and play with their friends," said Microsoft CEO Satya Nadella. "Quality differentiated content is what drives the growth and value of Xbox Game Pass – from Minecraft to Flight Simulator. As a trusted game developer and publisher, Bethesda has achieved success in all game categories, and together we will continue to build on our ambitions to empower the more than three." Billions of players worldwide. "

ZeniMax Media owns a number of top-class game companies, including id Software (Doom, Quake, Rage), Arkane (Dishonored, Prey), MachineGames (Wolfenstein), Tango Gameworks (The Evil Within) and the most famous of the bunch: Bethesda. By owning Bethesda, Microsoft gains control of The Elder Scrolls IP, including the MMO The Elder Scrolls Online, but equally important of the Fallout games and IP.

"This is a great time to be an Xbox fan. In the last 10 days alone, we've released details on our two new consoles, which will be pre-ordered tomorrow, launched cloud games in Xbox Game Pass Ultimate, and now we've got & # 39; We're reinvesting in the most important part of our strategy: the games, "says Phil Spencer, EVP of Gaming at Microsoft. "Generations of gamers have been intrigued by the prestigious franchises in the Bethesda portfolio and will continue to be so as part of Xbox for years to come."

Microsoft aims to close the deal in the second half of fiscal 2021, but is immediately changing the way ZeniMax and its studios are doing. All future games from a ZeniMax in-house developer could be Xbox and PC exclusive, so PlayStation owners may no longer have a new Elder Scrolls or Doom experience to play this upcoming generation of hardware. This is a step that could also help sell some Xbox Series X devices later in the life cycle.

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Pete Hines, Vice President of PR and Marketing at Bethesda, posted an article on Bethesda.net entitled "Why Microsoft is a Perfect Fit." In it, he points out, "We're still Bethesda. We're still working on the same games we did yesterday, made by the same studios we worked with for years, and we publish those games."

He went on to say, "Microsoft is an amazing partner and has access to the resources that make us a better publisher and developer. We believe that means better games for you. Put simply, we believe change is important." Part of getting better. We believe in pushing ourselves to get better. To develop innovations. "

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