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ZeniMax Media Inc. is an American video game holding company based in Rockville, Maryland. The company was founded in 1999 by Christopher Weaver and Robert A. Altman as the parent company for Weaver's video game publisher Bethesda Softworks .
On September 21, 2020, Microsoft announced its intent to acquire ZeniMax Media and all its subsidiaries for $7.5 billion (~$8.7 billion in 2023). The acquisition was completed on March 9, 2021. On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard, an American video game holding company, for $68.7 billion in cash. [26]
The European Commission has unconditionally cleared Microsoft's $7.5 billion acquisition of ZeniMax, owner of games studios Bethesda, id and Arkane.
On January 18, 2022, Microsoft announced its intention to acquire Activision Blizzard for US$68.7 billion, following the company's acquisition of ZeniMax Media for US$7.5 billion in March 2021 and amid a workplace misconduct lawsuit filed against the company by the California Department of Fair Employment and Housing.
ZeniMax Media is also the parent company of Bethesda Softworks, the creators of the gaming franchises "Elder Scrolls" and "Fallout."The acquisition will include publishing offices and development ...
Bethesda Softworks and ZeniMax Media have been accused of attempting a hostile acquisition of Human Head Studios, as well as a successful hostile acquisition of Arkane Studios before that. [105] According to a report from IGN , ZeniMax started purposefully failing Human Head's project milestones so that they would not get paid, allowing ZeniMax ...
The acquisition was completed on October 13, 2023, with its total cost amounting to $75.4 billion. [2] Under the terms of the agreement, Microsoft brought Activision Blizzard under its Microsoft Gaming business unit as a sibling division to Xbox Game Studios and ZeniMax Media.
Tango's parent company ZeniMax Media was acquired by Microsoft for US$7.5 billion in March 2021 and became part of Microsoft Gaming. [19] [20] Through the acquisition, Tango became the Xbox-maker's first development studio based in Japan. [3] In March 2022, Tango released the mobile game Hero Dice and shut it down five months later. [21]