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Microsoft to buy Bethesda for $ 7.5 billion to bolster Xbox

Photographer: Kyle Grillot / Bloomberg

Microsoft Corp. said monday it plans to acquire ZeniMax Media Inc., owner of the popular video game company Bethesda Softworks for $ 7.5 billion in cash marks the largest video game purchase of all time.

Bethesda publishes games like The Elder Scrolls, Doom, and Fallout, and has at least two titles planned to debut next year. ZeniMax, based in Rockville, Maryland, also owns several other studios around the world, giving Microsoft’s Xbox business a much-needed infusion of titles and game developers. According to Microsoft, it is one of the largest private game companies with 2,300 employees worldwide.

At the same time as Microsoft, Microsoft is launching a new generation of Xbox consoles in November PlayStation 5 from Sony Corp. The games for the new Xbox have so far disappointed some gamers, especially after Microsoft delayed its biggest title, Halo Infinite, until next year. The software maker has added new game developers and content, including the acquisition of six studios in 2018 and one last year. It spent $ 2.5 billion to buy the Minecraft maker in 2014.

Microsoft relies on its Game Pass game subscription service to attract users and increase sales and needs compelling content to attract customers to this product. According to Microsoft, Game Pass now has 15 million subscribers, up from 10 million announced in April.

“Bethesda’s games have always had a special place on Xbox and in the hearts of millions of gamers around the world,” said Xbox CEO Phil Spencer on a blog Post Office. “Our teams have a close and storied history that work together.”

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