Shocking news just hit in the world of video games. Microsoft buys Bethesda Softworks (owned by Zenimax) for $7.5 Billion. Here’s the latest.
From Xbox.com and CNBC, the word is finally out that Microsoft just bought out Bethesda Softworks with a record-breaking deal. If you are a huge fan of games like Fallout, Elder Scrolls, Wolfenstein, DOOM, etc. you’ll want to listen up.
Microsoft Buys Out Bethesda Softworks For $7.5 Billion: LATEST
To give you the key points from CNBC:
- Microsoft announced Monday that it will buy ZeniMax Media, the company that owns well-known video game publisher Bethesda, for $7.5 billion in cash.
- The deal gives Microsoft access to a raft of successful game franchises, including Fallout, The Elder Scrolls and Doom.
- It’s the biggest gaming acquisition in Microsoft’s history, after the company bought Minecraft developer Mojang for $2.5 billion in 2014.
So with the word finally out that future game releases like Fallout, Elder Scrolls, DOOM, etc. are coming to Xbox, now may be a good time to weigh in which console you want to get. As we’re coming up on Sony’s PS5 and Microsoft’s Xbox Series X/S console releases, we can put more popular titles in Microsoft’s scales when it comes down to weighing what each console will offer.
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,” Microsoft said. “This includes Microsoft’s intent to bring Bethesda’s future games into Xbox Game Pass the same day they launch on Xbox or PC.
Zenimax Is Staying Independent
Just to clear the air on everything, Zenimax was the parent company of Bethesda Softworks. While Bethesda was bought out by a huge $7.5 billion sum, Zenimax is staying independent.
…Microsoft’s Xbox head Phil Spencer said ZeniMax would continue to operate independently following the acquisition and suggested there would be no cuts at the company.
“Our plan is to leave it alone,” Spencer said. “ZeniMax has an amazing track record of building great games. Our goal is to make ZeniMax the best ZeniMax they can be.”
Overall, it’s pretty shocking to hear about THAT much money being poured into a gaming company. Although, it’s totally justifiable as Bethesda has made itself known in the gaming world as a titan among other developers. As we look forward to future releases from Bethesda, Xbox is looking better and better in terms of game variety and wealth!
What do you think about this deal? Have you always been an Xbox fan over Playstation?
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