Microsoft's $7.5B Acquisition Of Bethesda Has Been Given The Green Light
The European Commission has approved Microsoft’s $7.5 billion deal to acquire ZeniMax Media, the parent company of Doom and Fallout studio Bethesda Softworks. Microsoft’s deal has been approved by the EU without conditions, as it “does not raise serious doubts as to its compatibility with the common market.” The acquisition required EU approval before Microsoft could finalize the Bethesda deal and bring future games to its Xbox Game Pass subscription.
“The Commission concluded that the proposed acquisition would raise no competition concerns, given the combined entity’s limited market position upstream and the presence of strong downstream competitors in the distribution of video games,” says a European Commission statement. “The transaction was examined under the normal merger review procedure.”
Once the deal is fully closed, Microsoft’s list of first-party studios will jump to 23, following the addition of Bethesda sub-studios like Dishonored developer Arkane, Wolfenstein studio MachineGames, Doom maker id Software, and The Evil Within studio Tango Gameworks. Microsoft appears to be planning to keep Bethesda running separately, with its existing leadership. That approach seems to have worked for Mojang, LinkedIn, and GitHub, which have all continued to run separately after Microsoft acquired them.