EU gives green light to Microsoft’s $7.5 billion ZeniMax acquisition
Summary
The European Union has approved Microsoft Corp.’s $7.5 billion acquisition of ZeniMax Media Inc., the parent company of videogame publisher Bethesda Softworks. Now the deal looks set, following a blessing from European Commission, the EU’s executive authority. “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 European Commission said in a statement. Unlike many online publications, we don’t have a paywall or run banner advertising, because we want to keep our journalism open, without influence or the need to chase traffic.The journalism, reporting and commentary on SiliconANGLE — along with live, unscripted video from our Silicon Valley studio and globe-trotting video teams at theCUBE — take a lot of hard work, time and money. Keeping the quality high requires the support of sponsors who are aligned with our vision of ad-free journalism content.
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