(Reuters) – Microsoft (NASDAQ: MSFT) announced Monday that it will acquire ZeniMax Media for $ 7.5 billion, allowing the company to expand its line of Xbox video games.
ZeniMax has created games like Fallout and Doom reboot, and is the parent company of Bethesda Softworks, which has developed hits like The Elder Scrolls, Wolfenstein, and Dishonored. News of the deal came a week after Microsoft failed to take over the US assets of TikTok.
Microsoft has announced that it plans to include future Bethesda games in its monthly Xbox Game Pass subscription after launch on Xbox or PC platforms. Microsoft added that the game subscription now has over 15 million subscribers. However, Bethesda's structure and leadership will remain intact.
Microsoft also announced that the ZeniMax deal will close in the second half of fiscal 2021 with minimal impact on adjusted operating income in fiscal 2021 and 2022.
(Mansif Venhattil in Bangalore. Translated by Alexey Kuzmin. Editor Marina Bobrova)