Microsoft announced today via press release that they have acquired Zenimax Media, the parent company of Bethesda Softworks for $7.5 billion.
Bethesda Softworks is the parent company of several studios such as id Software, Zenimax Online Studios, Arkane Studios, Machine Games, Alpha Dog Games, and Roundhouse Studios. The company also owns the major franchises that many current loves such as The Elder Scrolls series, Fallout, Wolfenstein, DOOM, Dishonored, The Evil Within, and more.
Here’s the official statement of Phil Spencer, via Xbox Press release:
Today is a special day, as we welcome some of the most accomplished studios in the games industry to Xbox. We are thrilled to announce Microsoft has entered into an agreement to acquire ZeniMax Media, parent company of Bethesda Softworks.
As one of the largest, most critically acclaimed, privately held game developers and publishers in the world, Bethesda is an incredibly talented group of 2,300 people worldwide who make up some of the most accomplished creative studios in our industry across Bethesda Softworks, Bethesda Game Studios, id Software, ZeniMax Online Studios, Arkane, MachineGames, Tango Gameworks, Alpha Dog, and Roundhouse Studios. These are the teams responsible for franchises like TheÂ Elder Scrolls, Fallout, Wolfenstein, DOOM, Dishonored, Prey, Quake,Â StarfieldÂ and many more.
Bethesdaâ€™s games have always had a special place on Xbox and in the hearts of millions of gamers around the world. Our teams have a close and storied history working together, from the amazing firstÂ DOOM, and its id Tech engine,Â innovating games on PCs to Bethesda bringing their first console game to the original Xbox, the groundbreakingÂ The Elder Scrolls III: Morrowind.Â Over the years Iâ€™ve had many deep conversations with the creative leaders at Bethesda on the future of gaming and weâ€™ve long shared similar visions for the opportunities for creators and their games to reach more players in more ways.
Just as they took the bold first steps to bring The Elder Scrolls franchise to the original Xbox, Bethesda were early supporters of Xbox Game Pass, bringing their games to new audiences across devices and have been actively investing in new gaming technology like cloud streaming of games. We will be adding Bethesdaâ€™s iconic franchises to Xbox Game Pass for console and PC. One of the things that has me most excited is seeing the roadmap with Bethesdaâ€™s future games, some announced and many unannounced, to Xbox console and PC includingÂ Starfield, the highly anticipated, new space epic currently in development by Bethesda Game Studios.
Like us, Bethesda are passionate believers in building a diverse array of creative experiences, in exploring new game franchises, and in telling stories in bold ways. All of their great work will of course continue and grow and we look forward to empowering them with the resources and support of Microsoft to scale their creative visions to more players in new ways for you.
All of our work, and the foundation of our relationship with you, starts with a commitment to deliver a breadth of amazing games to discover and play on Xbox.Â Over the last few weeks, weâ€™ve been excited to share more detail on important elements of aÂ planÂ weâ€™ve been building towards for years. A plan that is the fulfilment of a promise, to you the Xbox player, to deliver the most performant, immersive and compatible next-generation gaming experiences, and theÂ freedom to playÂ blockbuster games with your friends, anytime, anywhere. Today is a landmark step in our journey together and Iâ€™m incredibly energized by what this step means for Xbox.