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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 .
ZeniMax Online Studios LLC is an American video game developer and a subsidiary of ZeniMax Media, specializing in massively multiplayer online games. [1] The company developed The Elder Scrolls Online and its downloadable content. [1] ZeniMax Online Studios had around 250 employees in 2012. [2]
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]
In March 2021, Microsoft acquired Bethesda's parent company ZeniMax Media, maintaining that the company will continue to operate as a separate business. [1] Part of the Microsoft Gaming division, Bethesda Softworks retains its function as the publisher of games developed by the different studios under 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]
In 1999, he and Christopher Weaver founded ZeniMax Media as the parent holding company for Bethesda Softworks, a video game developer Weaver had founded earlier. Altman served as ZeniMax Media's chief executive officer and chairman until his death. He was also a member of the advisory board of the George Washington University Law School. [1]
Bethesda Game Studios was established in 2001. Previously, Bethesda Softworks, then a developer and publisher, had been reorganized as a subsidiary of ZeniMax Media. ZeniMax's Robert A. Altman sought to grow the development unit, which was spun off from Bethesda Softworks as Bethesda Game Studios, starting out with roughly 40 people. [2] [3]
Around this time, developer id Software and the rights to its Wolfenstein series of games were acquired by Bethesda's parent company, ZeniMax Media. [2] Following this acquisition, Bethesda offered MachineGames to work on one of its intellectual properties , and when Matthies learned that no one was developing a Wolfenstein game at the time, he ...