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Microsoft: plans to acquire Bethesda Softworks

(CercleFinance.com) - Microsoft announces its plan to acquire ZeniMax Media, the parent company of Bethesda Softworks, "one of the largest, privately held game developers and publishers in the world," for 7.
5 billion dollars in cash.

"Creators of critically acclaimed and best-selling gaming franchises including The Elder Scrolls and Fallout among many others, Bethesda brings an impressive portfolio of games, technology, talent, as well as a track record of blockbuster commercial success, to Xbox," the software giant said.

Subject to the usual regulatory conditions and authorisations, the closing of the transaction is expected in the second half of Microsoft's 2021 fiscal year, which expects a minimal impact on its adjusted operating profit for 2021 and 2022

" Creators of critically acclaimed and best-selling gaming franchises including The Elder Scrolls and Fallout among many others, Bethesda brings an impressive portfolio of games, technology, talent, as well as a track record of blockbuster commercial success, to Xbox," it explained.


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