Microsoft's acquisition of ZeniMax broke news several months ago. Several people considered the deal a foregone conclusion but it has yet to been officially completed. Recently, the acquisition deal took greater steps towards its long-awaited conclusion. The 7.5B USD deal recently received the approval of the European Commission and the SEC. Above all, these two bodies recognition of the deal indicates the case's nearing conclusion.
THE MICROSOFT DEAL
The European Commission provided a statement that declared the merger's validity. The statement approved the deal without changes or oppositions saying that it “does not raise serious doubts as to its compatibility with the common market.” Additionally, the Commission emphasized that the decision was formed after its rigorous review procedures and investigation.
“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 Commissioned examined the transaction under the normal merger review procedure.”
The approvals push the deal towards a natural conclusion but it does not automatically make the deal official. The two gigantic companies allegedly have a lot of legwork left to do to finalize the acquisition.
Microsoft's acquisition of ZeniMax includes Bethesda Game Studios into the fold of the Xbox developers. Bethesda brings along its massive games library that will surely boost Microsoft's side of the game's market in the future. However, this will only be a boon for Microsoft when the deal finally pushes through.
The big issue of the deal remains the vague future of Bethesda titles. Many speculated that the Bethesda games could become Microsoft exclusives but there has been no confirmation. Bethesda head Todd Howard stated that their games becoming Xbox exclusives in the future was “hard to imagine.” Only time will tell what the future of Microsoft consoles will bring.
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