Visitors queue up to play the Fallout 76 video game, developed and published by Bethesda Softworks, during Paris Games Week on October 27, 2018.
Chesnot | fake images
LONDON – The European Union approved the acquisition of ZeniMax, the parent company of iconic video game publisher Bethesda Softworks, for $ 7.5 billion.
The European Commission, the EU’s executive body, made the decision to approve the deal between Microsoft and ZeniMax on Friday, according to an update to its register of merger cases. The Commission says it found no competition concerns as a result of the acquisition.
Microsoft announced that it would buy ZeniMax in September. It’s the largest game acquisition in Microsoft’s history, dwarfing the $ 2.5 billion the company paid for Minecraft developer Mojang in 2014.
Bethesda is a household name in the video game industry, known for publishing a number of successful game franchises, including Fallout, The Elder Scrolls, and Doom. Microsoft plans to boost its subscription offering, Xbox Game Pass, by bringing Bethesda games to its extensive library of titles.