Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion

News

Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion

24.09.2020 News

The American information technology giant of Microsoft intends to buy the creator and developer of games ZeniMax Media for $ 7.5 billion.

“On Monday, Microsoft announced plans to acquire ZeniMax Media, parent company for Bethesda Softworks, one of the world’s largest private developers and game publishers … Under the terms of the agreement, Microsoft will acquire ZeniMax for $ 7.5 billion in cash, “Microsoft said in a statement.

Microsoft plans to take over the company in the second half of 2021 fiscal year after receiving approval from the necessary regulators, and does not expect much impact of its financial performance.

Other articles

  • Amazon reported a 37% increase in revenue
    News

    Amazon reported a 37% increase in revenue

    Shares of Amazon, which rose by 73.8% since the beginning of the year (more than the growth of Apple, Microsoft, Google and Facebook), fell 2% after closing trading on Thursday, when the company released a report for the 3rd quarter, which ended September 30. Amazon set a new revenue record, e-commerce increased sales by 57% […]

  • Microsoft topped the ranking of the most responsible employers
    News

    Microsoft topped the ranking of the most responsible employers

    Created by Bill Gates, Microsoft third time topped the annual ranking of the 100 most responsible US corporations. This was announced by Forbes on Wednesday, October 14. Also in the top five of the updated list, in addition to Microsoft, included only technological giants – NVIDIA, Apple, Intel Alphabet. “Forbes compiled the rating together with […]

  • IPO Snowflake has become the largest in the history of IPO software
    News

    IPO Snowflake has become the largest in the history of IPO software

    After a sensational debut Snowflake on the NYSE on Wednesday, shares of the cloud storage and processing company are expected to fall ahead of trading on Thursday. Shares of Snowflake fell to 4.3%. Snowflake brought 28 million shares to the public market to raise $ 3.36 billion during the largest software IPO in history. Shares […]

  • Microsoft will build two large data centers in New Zealand
    News

    Microsoft will build two large data centers in New Zealand

    The American corporation Microsoft has received permission from the New Zealand Department of Foreign Investment to build data centers in Auckland. This is stated in a statement issued by the agency on Wednesday. “New Zealand subsidiaries of Microsoft Corporation received management’s approval of foreign investments to purchase business assets, including various land, to further creation […]

  • Oracle becomes a №1 candidate of buying the TikTok after the company rejected for Microsoft
    News

    Oracle becomes a №1 candidate of buying the TikTok after the company rejected for Microsoft

    Microsoft`s shares fell slightly on Monday before the opening of trading due to the news of the failure the deal of buying the popular application TikTok in Chinese ByteDance. Through the support of the deal by President Donald Trump, Shares of Oracle, which is considered №1 candidate of buying TikTok increased by 10% before the […]

  • Apple lost a day capitalization of $ 180 billion
    News

    Apple lost a day capitalization of $ 180 billion

    During trading on Thursday, Apple’s market of the capitalization fell by 8%, which means a loss of almost $ 180 billion. This is a record daily cost reduction for any company in the history of the American market. However, Apple’s capitalization still significantly exceeds of $ 2 trillion. Excluding 2020, the previous anti-record was set […]

  • Walmart has joined to Microsoft in an attempt to buy TikTok’s assets in the United States
    News

    Walmart has joined to Microsoft in an attempt to buy TikTok’s assets in the United States

    American Walmart announced its decision to join Microsoft and to participate together in the struggle for the acquisition of Chinese business TikTok in USA, Canada, Australia and New Zealand. “The way, how TikTok has integrated e-commerce and advertising capabilities in other markets, will be a clear advantage for creators and users in the particular markets,” […]

Read also

Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

For the first time in 18 months, Boeing has more orders for aircraft than cancellations

In February, the number of new orders for aircraft in the US aerospace Boeing Corporation for the first time since November 2019 exceeded the number of cancellations. So, last month Boeing sold 82 planes and registered 51 cancellations of orders for aircrafts. At the same time, Boeing has launched 22 aircraft, including 18 aircraft 737 […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Shares of the Levi grow against the backdrop of 50% quarterly increase in the digital sales

On Tuesday, the world’s largest manufacturer of jeans and casual wear, Levi Strauss, announced better than expected results of its 3rd financial quarter, which ended on August 23. The company reported the profits of $ 27 million, after the loss of $ 364 million in the second quarter, when Levi was forced to cut 15% […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Here is our joint issue with the German-Ukrainian Chamber of Commerce and Industry!

This issue is devoted to the achievements and successes of cooperation of both countries. Diplomats and businesspersons of German companies in Ukraine tell readers about their way to the country’s market, share their achievements, as well as experience in introducing innovations in companies and plans for the future. Ernst Reichel, the Ambassador Extraordinary and Plenipotentiary […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

CISOLAR 2019 submit new opportunities for developing solar energy in Central and Eastern Europe

On April, 16-18 in Kyiv will be held the main business event of region in solar energy field devoted to latest technology, trends and investments opportunities – CISOLAR 2019, 8th International Solar Energy Conference and Trade Show of Central and Eastern Europe. Today solar energy development is one of priority areas for investors in the […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Tesla plans to sell shares totaling up to $ 5 billion

Tesla has agreed with a number of banks to cooperate in the sale of shares in the company totaling up to $ 5 billion, according to the US corporation. “We have entered into a share distribution agreement … under which we may from time to time offer and sell our ordinary shares with a total […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Nataliya Osadchaya: “Engaged in prevention of raiding at a stage of entry into the project, because treatment can not salvage”

The subject of raiding remains urgent and at the same time very painful for Ukraine, especially for foreign investors. It isn’t accepted to speak about it openly. The  victims of similar captures in rare instances make public the fact of their entities occupation. Syutkin & Partners Law Firm together with USUBC, the Ministry of Justice […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Vinnytsia IT – Academy received 10 million UAH from the RIA Fund

Founder of media corporation RIA Media Corp. Oleksandr Chovhan singled out from his eponymous Foundation impressive sum of money in the development of IT sphere in Ukraine. The funds were invested in Vinnitsa IT – Academy in exchange for a share in the amount of 61% in the structure of the institution. According to Tetiana […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Shell to invest in the Brazilian project in the nearest future

The Royal Dutch Shell declared their intention to invest about $10 billion in the development of the Brazilian business. The project has been calculated for 5 years. The annual volume of investment will reach 2 billion dollars. The representative office of Shell in the territory of South America includes network of the “5500 gas stations”companies. […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
Analytics

Realities and prospects of the real estate market of Ukraine

Ukraine’s real estate market throughout 2017 experienced the impact of both economic and political crisis phenomena, under pressure from the economic downturn and lower purchasing power of the population. Despite all the negative trends, construction statistics in the period 2017 recorded positive results, which are confirmed by such an authoritative world ranking of Doing Business […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Trump canceled the trade negotiations with China through a pandemic COVID-19

US President Donald Trump canceled the trade negotiations with China due to pandemic of coronavirus. The American leader has accused China in the spread of the virus in the world. The information was reported by Bloomberg. The trade agreement concluded in the first stage, which came into force in February, ensured a discussion of the […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Alibaba invests in the largest hypermarket operator in China

The largest Chinese Internet company Alibaba Group Holding Ltd. will acquire from Auchan Retail International shares of the largest Chinese hypermarket operator Sun Art Retail Group for $ 3.6 billion, according to the press release from Alibaba. “Alibaba is investing $ 28 billion ($ 3.6 billion) to acquire … 70.94% of Auchan Retail’s stake in […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Cargill investment project for $ 100 million is blocked

The investment project of the company with US capital Cargill of about $ 90-100 million is blocked. Alexander Kramarenko, the chief editor of the “Money” magazine, told about this in his blog “By what Ukraine scares foreign investors”. “Delta Bank and Cargill”. Cargill is an agricultural business with a century and a half of history, […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Moderna has received an order from the US government in the amount of $ 1.53 billion for 100 million doses of vaccine COVID-19

Shares of Moderna that up to 252.6% since the beginning of the year, increased by 9% before the opening of trading on Wednesday against the backdrop of President Donald Trump signing a major government agreement with the company to supply 100 million doses of its mRNA-1273 vaccine against COVID-19. According to a Moderna press release […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

S&P forecasts global debt growth of up to $ 200 trillion

World debt will reach $ 200 trillion, which is 265% of world product, but the debt crisis is not yet expected. This was reported by Reuters, citing the forecast of analysts of the international rating agency S&P Global. It is claimed that this year the debt-to-world debt ratio has risen by 14% as a result […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Apple has been accused of violating user rights in France

In France, France Digitale claims that Apple violates EU law to protect user data. As found in France Digitale, by default, all devices allow Apple to “run its own advertising campaigns without clearly informing users,” although in the latest version of iOS 14 users are asked if they are willing to allow applications installed on […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
News

Japan’s Honda will invest a considerable sum of money in its production in Canada

The Government of Canada and, directly, the municipality of the largest city Toronto will help to improve automotive industry Honda. This information is provided by investment portal InVenture Ukraine. It is known that the forward Japanese manufacturer of motorcycles and automobiles will invest in their businesses in the central Canadian provinces – Ontario (Mr. Elliston) […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com