Microsoft Acquires Bethesda for $7.5 Billion
Microsoft has announced plans to acquire ZeniMax Media, the parent company of Bethesda Softworks, for $7.5 billion in cash.
This deal includes the publishing offices and development studios worldwide, made up of 2,300 employees from Bethesda Softworks, Bethesda Game Studios, ZeniMax Online Studios, id Software, Tango Gameworks, Arkane, MachineGames, Alpha Dog, and Roundhouse Studios. Bethesda’s leadership and structure will remain in place.
With the addition of Bethesda, Microsoft will grow from 15 to 23 creative studio teams. In addition, Bethesda’s iconic franchises will be added to Xbox Game Pass the same day they launch on Xbox or PC, including such titles as Starfield.
According to Satya Nadella, CEO, Microsoft:[testimonials user=” email=” name=” position=” photo=”]“Gaming is the most expansive category in the entertainment industry, as people everywhere turn to gaming to connect, socialize and play with their friends. Quality differentiated content is the engine behind the growth and value of Xbox Game Pass—from Minecraft to Flight Simulator. As a proven game developer and publisher, Bethesda has seen success across every category of games, and together, we will further our ambition to empower the more than three billion gamers worldwide.”[/testimonials]
Phil Spencer, executive vice president, Gaming at Microsoft, added: