tv video film broadway

Microsoft Makes Big Game Play, Buying Bethesda Software Parent ZeniMax For $7.5B

Reading now: 421
deadline.com

Dade Hayes Finance EditorMicrosoft has fortified its position in video games, paying $7.5 billion in cash to acquire ZeniMax Media, parent company of game publisher Bethesda Software.Bethesda is known for games like Fallout and Elder Scrolls, which will augment Microsoft’s offerings in its Game Pass service, which has more than 15 million subscribers.

Game Pass is tied to the Xbox console, the anchor of the company’s video game presence.Microsoft said it expects the acquisition to close by the end of the year. “Bethesda brings an impressive portfolio of games, technology, talent, as well as a track record of blockbuster commercial success, to Xbox,” the company said in the official announcement.

Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA