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Microsoft Gets EU Approval to Acquire ZeniMax

(Photo: Bethesda)
Microsoft has cleared the biggest hurdle in its bid to acquire ZeniMax Media approval by the European Union.
As VGC reports, the EU antitrust regulator has now approved the acquisition, which Microsoft announced in September. In return for $7.5 billion, Microsoft will take control of ZeniMax Media, which includes Bethesda Games Studios, id Software, Arkane, MachineGames, Tango Gameworks, Alpha Dog, Roundhouse Studios, and ZeniMax Online Studios.
It was the biggest and most surprising deal of 2020, and gives Microsoft a huge boost in the gaming business. Once completed, Microsoft will own and control all The Elder Scrolls and Fallout games, as well as id Software s entire library of IP (including Wolfenstein, Doom, and Quake). Add to that Dishonored, Prey, and The Evil Within. We don t know when the deal will be concluded, but with the EU signing off, it could be finalized within the next couple of months. ....

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Xbox CFO Says Consoles Have Become the Cornerstone of Microsoft's Strategy

Dec 10, 2020 09:39 EST
For years, many have been talking about the end of game console cycles, but according to Microsoft, Xbox consoles have actually become the foundation and cornerstone of its strategy going forward.
Will this console generation be the last console cycle as we come to know it? This is the question that many have been asking for quite some time now. Many expected the last-gen consoles to be the last true console cycle, especially with Microsoft heavily investing in the cloud and its game subscription service, Xbox Game Pass. These expectations proved to be wrong when Microsoft announced the Xbox Series X. Will Microsoft release another console after this generation? This remains speculation for now, but at this year’s Barclays 2020 Global Technology, Media and Telecommunications Conference, Microsoft might have provided about what’s to come. ....

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