Microsoft is acquiring ZeniMax Media.

Microsoft is kicking off this new week with a blockbuster acquisition that could supercharge its Xbox Game Studios division.

Indeed, the company has entered into an agreement toaquireZenimax media,

home of Bethesda softworks,

the major video game publisher behind

The Elder Scrolls, Fallout, Wolfenstein, and DOOM, for $7.5 billion.

Follow us at our social media handles: FacebookTwitter, and Instagram.

Microsoft acquired several AA studios two years ago including Ninja Theory,

Playground Games, and Undead Labs,

But Bethesda is a true juggernaut in the gaming space that will bring several critically acclaimed IPs right into the Xbox Games Studios portfolio.

Bethesda joining Xbox Game Studios will do great to help Microsoft deliver AAA games for its Xbox Game Pass subscription service.

Once ZeniMax Media and Bethesda join Microsoft,

And so the company’s portfolio of first-party game studios will grow from 15 to 23,

making Microsoft one of the biggest PC and Console developers.

Microsoft enables digital transformation for the era of an intelligent cloud and an intelligent edge.

Its mission is to empower every person and every organization on the planet to achieve more.

Bethesda parent company ZeniMax Media was founded in 1999 by Chairman and CEO Robert A. Altman; Bethesda’s structure and leadership will remain in place.

More than three billion people on the planet play games for fun, escape, and human connection. Unlike any other medium, games empower people to engage in creativity, strategic thinking and teamwork, immersing them into interactive storie


SEE ALSO:Nikola founder Trevor Milton steps down as chairman.