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American software giant Microsoft is strengthening its games division around the Xbox game console with a multi-billion dollar purchase. The company announced on Monday an acquisition agreement with Zenimax Media, the parent company of Bethesda Softworks, and several other well-known game developers.
As a result, Microsoft pays US $ 7.5 billion in cash. Zenimax and its studios are responsible for successful games like “Doom”, “Fallout” or “The Elder Scrolls” and, according to its own information, it has around 2,300 employees.
The Washington, DC-based company was founded in 1999 and will continue to operate under the Microsoft corporate umbrella in its family structure and with its former management team.
The acquisition has not yet been approved by the relevant regulatory authorities. Microsoft expects to complete it in the second half of the current fiscal year. According to the group, the transaction should only have a “minimal” impact on operating profit. Investors were wary of the news, the stock barely reacted. (aeg / sda / awp / dpa)
