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

The cryptocurrency Dogecoin has sharply added to the price after the tweets of three celebrities

The cryptocurrency Dogecoin, which contains an image of a dog shiba-inu, on Monday, February 8, reached a record high after billionaire Elon Musk, rapper Snoop Dogg and bassist Kiss Gene Simmons wrote about it on Twitter, according to Bloomberg. Thus, according to the CoinGecko platform, the value of the token rose to a peak of […]

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

Court admits illegality of Delta Bank assets transfer

On November 9, 2016, the Economic court of Kiev made the decision about Bank Delta illegal assets transfers . It bears remaining, in March the National Bank of Ukraine has published information that Delta Bank is the bankrupt. The agreement of an Oschadbank mortgage signed on more than 400 million hryvnias 6 years ago. In […]

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!

Цей випуск присвячено надбанням і успіхам співпраці обох країн. Дипломати й бізнесмени німецьких компаній в Україні розповідають про свій шлях на ринку країни, діляться досягненнями, а також досвідом у запровадженні інновацій у компаніях та планах на майбутнє. Ернст Райхель, Надзвичайний і Повноважний Посол Німеччини в Україні, – про необхідність і перспективи активізації німецько-українських відносин. Андреас […]

Next
Microsoft is going to buy the game developer ZeniMax for $ 7.5 billion
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 […]

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

Microsoft may buy Nuance for $ 16 billion

Microsoft Corp. is in talks to buy Nuance Communications Inc., a developer of a speech and text recognition solution, for about $ 16 billion, several U.S. media outlets reported, citing informed sources. According to them, negotiations are at an advanced stage, and the announcement of the agreement may be made in the coming days. Microsoft […]

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

The Romanian pharmaceutical company Antibiotice opens a representative office in Ukraine

Recently, it was reported that the largest Romanian company Antibiotice is going to expand the scope of activities, and to develop a  pharmaceutical market in Ukraine. According to the informed sources,  the first office of the Romanian pharmaceutical company Antibiotice will be opened in the Vinnitsa region. This was agreed between  the Antibiotice CEO and […]

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

The court arrested the “Fozzy-Food” accounts, because of the underestimation of VAT

The Solomensky District Court of Kiev had arrested the “Fozzy-Food” accounts (Vishneve, Kyiv region) due to the underreporting by the officials of the value added tax. This is stated in the definition of the Court of 18 May, says the Ukrainian News. The Solomenskiy District Court of Kyiv has received a request for the seizure […]

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

Big business has increased budget allocations

Ukrainian large taxpayers transferred UAH 362.3 billion in tax payments to the state budget in January-November 2020. According to the press service of the Office of Large Taxpayers of the State Tax Service, this is 11% more than in the same period last year. The share of tax payments from large businesses served by the […]

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

The Australian company got rid of the gas field in Ukraine

The press service of Hawkley reports that Hawkley Oil & Gas Limited Australian mining company had reported about the Ukrainian company sale transaction assets of Tomeas Assets Ltd. The amount of transaction has constituted 1 million dollars. Negotiations on sale have continued since February 2016. Reportedly that Hawkley Oil & Gas Limited will allocate proceeds […]

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

Privatbank plans to close more than 300 branches and lay off employees

By 2024, more than 300 branches of Privatbank will be closed; more than six thousand employees will be fired. Such measures are spelled out in the financial institution’s development strategy approved by the Cabinet of Ministers. It is noted that the bank should leave 1250 branches (according to data for 2020, 1688 of them), and […]

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

Facebook thinks about face recognition in its smart glasses

Facebook is considering the introduction of face recognition technology in smart glasses, which is currently working, writes CNBC, citing the words of the head of hardware Andrew Bosworth. According to him, this feature can be added if customers need it. He added that if people do not need this technology, then use it in the […]

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

The GREENSTONE restructured obligations of the Creative

At the end of 2015 between UniCredit Leasing and GREENSTONE group was signed an agreement for more than $ 1.5 million. According to the agreement, The GREENSTONE will fulfill the  obligations of Creative  with respect to leasing trucks, agricultural vehicles and passenger cars. The agreement with UniCredit Leasing involves the renewal of the lease and […]

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

Tesla began selling cars for bitcoin

The manufacturer of electric cars Tesla has allowed its customers to pay for the purchase with bitcoins. This was announced on Wednesday on Twitter by the founder of the automaker, billionaire Elon Musk F. The official Tesla website states that payment is made from the customer’s bitcoin wallet: he can scan a special QR code […]

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

Oracle is negotiating about buying TikTok

Newspaper Financial Times found that IT-Oracle Corporation wants to buy Chinese video service TikTok. About this edition with reference to sources wrote on August 18. Official information about negotiations in ByteDance (it owns TikTok), nor Oracle did not comment. According to sources of FT, the company also is negotiating with investors who own shares in […]

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

The Ukrainian court refused Sberbank in collecting debts from Zaporizhstal

The District Court of Zaporizhia refused  Sberbank in approval of decision of Russian curt about enforcing  recovery of debts in $ 10.4 million from  the Ukrainian metallurgical combine “Zaporizhstal”, reports RIA “Novosti”. The  court’s decision stated that on January 25, Sberbank of Russia appealed to the Court of Zaporizhia with a statement to allow the […]

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

The elimination of “generating schemes” – saving of 140 billion UAH for Ukraine

Due to the elimination of corruption patterns in the energy sector, the State Treasury has saved 140 billion UAH. On this figure notified the head of the government of Ukraine Volodymyr Hroisman in an interview to the national news agency Ukrinform. According to the Prime Minister the compensations for Naftohaz and LMKP Teplokommunenergo were hundreds […]

Next