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Classified in: Science and technology
Subject: SVY

Microsoft Announces Plan To Acquire ZeniMax Media, with Deal Set to Close in 2021


DUBLIN, Sept. 24, 2020 /PRNewswire/ -- ResearchAndMarkets.com published a new article on the video games and consoles industry "Microsoft Announces Plan To Acquire Bethesda Parent ZeniMax"

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Microsoft has announced plans to purchase ZeniMax Media Inc in a $7.5 billion acquisition deal. The holding company is the parent of a number of game publishers including Bethesda Game Studios, ZeniMax Online Studios, Arkane, MachineGames and Tango Gameworks. Once approved, the deal will bring a range of high profile titles under Microsoft's banner including Fallout, Doom and the highly anticipated upcoming release Starfield. It will also bring Bethesda's existing titles to Microsoft's Xbox Game Pass cloud gaming service with new releases to be added on the same day they launch for Xbox and PC.

Microsoft anticipates that the ZeniMax Media deal will close in the second half of 2021. With a new Xbox and Playstation console scheduled to be released in the coming months, analysts predict the acquisition could help to close the content gap between Microsoft and Sony and may place Microsoft in a key position in terms of title exclusivity.

To see the full article and a list of related reports on the market, visit "Microsoft Announces Plan To Acquire Bethesda Parent ZeniMax"

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News published on 24 september 2020 at 14:45 and distributed by: