Microsoft Purchases Gaming Company ZeniMax for $7.5 Billion

ZeniMax Media Inc. is an American video game company based in Rockville, Maryland, and was founded back in 1999. The company controlsid Software (developer of the Doom, Quake and Rage series), Arkane Studios (developer of Dishonored and Prey), MachineGames (developer of the Wolfenstein series), Tango Gameworks (developer of The Evil Within),  publisher Bethesda Softworks with its Bethesda Game Studios (developer of The Elder Scrolls and Fallout series) and ZeniMax Online Studios (developer of The Elder Scrolls Online). In an announcement, the Microsoft said, The deal comes as Microsoft prepares to launch its Xbox collection from mid-November, its first upgrade to the gaming console after 7 years that contains a ton of updates, even as analysts forecast a shift from physical consoles amid a growing reliance on matches hosted on the cloud. The executive vice-president of Gaming at Microsoft, Phil Spencer said, Check out? Microsoft Xbox Game Pass Streaming Won’t Be Functional on Android TV