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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 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 .
In a separate lawsuit filed in March 2017, Carmack asserted that ZeniMax did not complete its payment to him of the acquisition of id Software, and asked the court to find for him for the remaining $22 million (~$26.9 million in 2023) he states the company owes him. ZeniMax's lawyers asserted that from the Oculus case, they had not been found ...
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 ...
Following Facebook's acquisition of Oculus VR, ZeniMax Media, the parent company of id Software and John Carmack's previous employer, sought legal action against Oculus, accusing the company of theft of intellectual property relating to the Oculus Rift due to Carmack's transition from id Software to Oculus. The case, ZeniMax v.
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]
The European Commission has unconditionally cleared Microsoft's $7.5 billion acquisition of ZeniMax, owner of games studios Bethesda, id and Arkane.
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.