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Microsoft to Acquire Bethesda Softworks for $7.5 Billion

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hollywoodreporter.com

Microsoft is growing its video game domain, acquiring the parent company of publisher Bethesda Softworks for $7.5 billion in cash.

Through the deal to purchase ZeniMax Media, the Xbox maker will become the owner of one of the largest private game developers and publishers, known for making such franchises as Fallout, Doomand The Elder Scrolls.

Microsoft cited its focus on growing cloud gaming service Xbox Game Pass, which has 15 million subscribers, as one motivation for the deal.

Read more on hollywoodreporter.com
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