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

Zelensky commented on the court’s decision to dismiss NABU head Sytnyk

The President’s Office stated that the decision of the Kyiv District Administrative Court (KDAC) to dismiss NABU Director Artem Sytnyk could not be considered final, as it would be appealed. This was announced on Tuesday, October 27 by the press service of the President’s Office. The President also noted that any differences over anti-corruption bodies […]

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

SFGCU initiates a revision of the credit rate

According to Interfax-Ukraine, the  State Food and Grain Corporation of Ukraine  (SFGCU) will initiate a rate decrease. The Eximbank of China  issued the credit to the corporation under Ukraine state guarantees in the amount of 1,5 milliard dollars in 2012. Oleksandr Hryhorovych, the acting CEO of SFGCU said: “We work on the very important issue. […]

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

The EU has approved the merger operation between LVMH and Tiffany

Antimonopoly regulator of EU approved the agreement of 16.2 billion euro merger with French group for the production of luxury goods LVMH (Louis Vuitton Moet Hennessy) and transnational jewelry company Tiffany. This was reported by Reuters. According to the information, the merger agreement was approved without additional conditions for the companies. Earlier, Tiffany reported that […]

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

Daimler will pay $ 1.5 billion under a settlement agreement in the United States

German automaker Daimler AG and its US subsidiary Mercedes-Benz have agreed to pay $ 1.5 billion to the US government and California regulators as part of a friendly settlement of a dispute over the manipulation of data on the content of a harmful substances in the exhaust gases of the company’s diesel engines. This stated […]

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

JP Morgan can pay a record fine for the market manipulation

American JP Morgan Chase & Co. could pay the fine of nearly $ 1 billion in the connection with the US government’s investigation into the bank’s operations, reported Bloomberg. “JP Morgan Chase & Co. is preparing to pay nearly $ 1 billion due to the US government’s investigation of the market manipulations related to its […]

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

229 million UAH returns to SFGCU accounts

The state food and grain corporation of Ukraine (SFGCU) provided an active work on previous years receivables return. As Ukrsadprom association reported,229 million of UAH and the taken measures into accounts of the corporation were still returned. Andrew Kovalenko, deputy director of economic security department and financial risks of JSC SFGCU noted: “Practically all receivables […]

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

Facebook sees the potential for earning money on online sports events

Facebook’s creative team continues its efforts to increasingly monetize its huge audience of more than 2.85 billion active users per month and 1.8 billion active users per day. Facebook’s current plans are to improve the monetization of its Facebook Live product for online broadcasts of events by connecting more paid sports content. Facebook says it […]

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

Important events in the world of business for a week

LDaily has prepared for the readers the short overview of latest news in the sphere of business and finance for last week. If you missed something, you would have a good opportunity  to correct it.   1.Trump won: the companies begin to take out assets abroad By the last calculations, Donald Trump has won  in […]

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

Investment in Ukraine: inevitable or impossible?

INTENDED POTENTIAL Each country possesses certain positive qualities that enable it to compete for investment when attracting foreign capital. These can be natural resources, geopolitical features, the legal system, level of production, technological and cultural development, etc. Since Ukraine has declared its independence, a certain rating of its investment attractiveness potential has also emerged. Land […]

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

In the United States, the number of Americans who have applied for unemployment benefits is growing again

The U.S. Department of Labor’s weekly report on Thursday showed that the number of initial applications for unemployment benefits in the country rose to 1.106 million in the week ended August 15, which is worse than the forecast of economists at 925 thousand and worse than the previous week, when the figure of 971 thousand […]

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

State environmental inspectorate of Ukraine complained about non-admission to Akhmetov’s DTEK

Last year, DTEK’s largest energy holding company of Rinat Akhmetov did not allow representatives of the State Inspecyorate to inspect dozens of times last year, while some indicators of TPP are several times higher than normal. The chairman of inspection Andrey Malovany told about it in interview for Oilpoint. According to him, now, according to […]

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

Chinese and Ukrainian companies will build a wind farm

The Chinese company POWERCHINA and the Ukrainian company WindFarm have signed a contract for the joint construction of a wind farm in the Donetsk region. This was reported by the press service of WindFarm. “The cost of the project is at least $ 1 billion, which makes it the largest wind energy project in Ukraine,” […]

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

Bank of America has predicted $ 100 oil price

The price of Brent oil may rise to $ 100 per barrel by 2022, according to a report of Bank of America. Analysts of the organization have found six reasons for this development. Three reasons are related to demand and three – to supply. The first point is the delayed demand for fuel after lockdowns, […]

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

Danish agricultural company affiliated enterprise opens a pig factory farm for 12 million euros

LLC Dan-Pharm Ukraine expects to put into operation pig factory farm on feeding  of  25 thousand hogs  in Korostensky district in the Zhytomyr region. On Tuesday, Vadim Shestakov,the First Deputy CEO of the company told journalists during the AgrarianOlympus of 2016 international congress : “We began to build it in 2014 and we have been […]

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

Ukrainian tutor search service Preply enters the Brazilian market

Internet service Preply, that was designed for searching of local and online tutors, announced the release to the Brazilian market. For this purpose, the company made a localization to Portuguese, implemented the accepting of payments in reais, and hired a Brazilian student Lucia in Kiev office. Her responsibilities will include support for tutors in the […]

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

China has launched the world’s first 6G satellite into orbit

According to the BBC, China has launched the world’s first 6G test satellite into space. It should demonstrate how well the experimental technology of the sixth generation network works. The satellite successfully entered orbit along with 12 other spacecraft after launching a rocket from the Taiyuan Cosmodrome in Shanxi Province. It is known that the […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com