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10th March 2021, 08:49 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
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| EU gives Microsoft the rights to own Doom How apocalyptic 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. Vole'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 said: "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. 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. https://fudzilla.com/news/gaming/524...ts-to-own-doom |
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