UPDATED 21:56 EST / MARCH 08 2021

APPS

EU gives green light to Microsoft’s $7.5 billion ZeniMax acquisition

The European Union has approved Microsoft Corp.’s $7.5 billion acquisition of ZeniMax Media Inc., the parent company of videogame publisher Bethesda Softworks.

Microsoft said it was going to buy ZeniMax back in September, but the company still had to get the approval of both U.S. and E.U. regulators. Now the deal looks set, following a blessing from European Commission, the EU’s executive authority.

It’s largest gaming acquisition by far in Microsoft’s history. The second-largest acquisition for the company was in 2014 when it bought “Minecraft” publisher Mojang AB.

Bethesda is well-known in the gaming industry after publishing immensely popular game franchises such a”Fallout” and “The Elder Scrolls.” The acquisition also includes the takeover of Id Software, the publisher of the iconic game “Doom.” Microsoft can now add those titles and myriad others to its console and PC libraries.

“The Commission concluded that the proposed acquisition would raise no competition concerns, given the combined entity’s limited market position upstream and the presence of strong downstream competitors in the distribution of video games,” the European Commission said in a statement. “The transaction was examined under the normal merger review procedure.”

The acquisition is part of Microsoft’s vision to create an ecosystem of games that will include its Xbox consoles as well as streaming for games. The company launched its xCloud game streaming service in 2020. It arrived on Android in September and it was just announced that xCloud will soon be coming to iOS.

Photo: Xbox

A message from John Furrier, co-founder of SiliconANGLE:

Your vote of support is important to us and it helps us keep the content FREE.

One click below supports our mission to provide free, deep, and relevant content.  

Join our community on YouTube

Join the community that includes more than 15,000 #CubeAlumni experts, including Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO Michael Dell, Intel CEO Pat Gelsinger, and many more luminaries and experts.

“TheCUBE is an important partner to the industry. You guys really are a part of our events and we really appreciate you coming and I know people appreciate the content you create as well” – Andy Jassy

THANK YOU