Microsoft to Buy Bethesda Softworks Parent Company in $7.5 Billion Deal

The videogame world is down one publisher. Microsoft announced on Monday their plan to acquire ZeniMax Media, the privately held parent company of Bethesda Softworks, for $7.5 billion. The deal brings videogame franchises like DOOM, The Elder Scrolls and Fallout under the Microsoft umbrella and to their videogame subscription service, Xbox Game Pass.
“Bethesda’s games have always had a special place on Xbox and in the hearts of millions of gamers around the world,” wrote Executive Vice President of gaming at Microsoft Phil Spencer in a blog post. “Today is a landmark step in our journey together and I’m incredibly energized by what this step means for Xbox.”
The deal will bring Microsoft’s total number of creative studio teams up from 15 to 23, greatly expanding the development side of their Xbox brand.