News

Microsoft acquires Fallout, Skyrim creator Bethesda for $7.5b

Microsoft is very serious about its gaming division. The software titan purchased ZeniMax Media, which is the owner of several major game developing companies including Bethesda, ID Software, and many more. With the deal completed at a whopping $7.5 billion, this is one of the greatest game company acquisitions of our time.

The biggest of these recently bought game studios is, of course, Bethesda, which is responsible for epic titles such as Fallout, Skyrim, Doom, Wolfenstein, and many more. The fact that the game developers responsible for these memorable gaming experiences will now be part of Xbox’s in-house team is a massive gain for Microsoft.

In fact, this acquisition now puts the total number of in-house game developers at the company to 23, up from 15 prior to this purchase. Of course, this also means that ZeniMax’s entire game roster will be added to the Xbox Game Pass for console and PC. Even games that are yet to be announced will be added to Microsoft’s platforms straightaway.

The timing of this acquisition isn’t coincidental. With the Xbox Series X and S all set for a grand launch later this year, and Sony ready to compete with the PS5, Microsoft needs all the gaming boost it can get. If having a roster of some of the most brilliant game developers in the world is going to give it that significant edge over Sony, then splashing out $7.5 billion will have been well worth it.

Pete Hynes, senior vice president at Bethesda Softworks, said the deal offered “access to resources that will make us a better publisher and developer”.

We’re still working on the same games we were yesterday, made by the same studios we’ve worked with for years, and those games will be published by us,” he wrote in a blog post.

Sponsored
Hamza Zakir

Platonist. Humanist. Unusually edgy sometimes.

Leave a Comment
Share
Published by
Hamza Zakir

Recent Posts

Indian Army Granted Authority to Directly Takedown Social Media Content

The Indian Army has been granted direct authority to manage social media content concerning its…

6 hours ago

NUST Achieves Global Recognition with 43 Researchers Among World’s Top 2% Scientists

In an extraordinary accomplishment for Pakistani academia, 43 researchers from the National University of Sciences…

7 hours ago

Khyber Pakhtunkhwa Govt Ready to Acquire PIA with Bid Exceeding Rs10bn

The Khyber Pakhtunkhwa (KP) government has officially informed the federal government of its intention to…

9 hours ago

PTA Cautions Public on Illegal and Unlicensed Forex Trading Platforms

The Pakistan Telecommunication Authority (PTA) has issued a stern advisory, warning citizens against investing in…

9 hours ago

Record Emigration: Economic Instability Forces Pakistan’s Best and Brightest to Depart

Economic challenges are prompting skilled workers to leave Pakistan, resulting in a significant talent drain…

11 hours ago

Russia’s Fine on Google Exceeds World’s Economy

A Russian court has fined Google for blocking state-run media channels on YouTube, imposing a…

1 day ago