Bethesda Owner Wants to Buy More - Gets $150 Million

Zenimax on the acquisition trail

Posted by Staff
The Pitt DLC
The Pitt DLC
Zenimax, the parent company of id Software, Bethesda and Arkane Studios is on the acquisition warpath once again having managed to raise $150 million from Providence Equity.

Elephant-memoried industry watchers will recall that Zenimax raised twice that amount from the same equity firm back in 2007. It then went on to purchase id and Arkane.

In a release the company stated that "it would use the new cash infusion to expand production and publishing capabilities as well as for further acquisitions."

Comments

Posting of new comments is now locked for this page.