Why Microsoft Paid $7.5 Billion for the Maker of Doom and Fallout

Microsoft (NASDAQ: MSFT) recently agreed to buy privately held ZeniMax Media for $7.5 billion in cash. ZeniMax's core subsidiary, Bethesda Softworks, publishes popular video game franchises like Fallout, The Elder Scrolls, Doom, Wolfenstein, and Dishonored.

This marks Microsoft's biggest gaming-related acquisition ever, and dwarfs its $2.5 billion takeover of Minecraft-maker Mojang six years ago. Microsoft expects to close the deal in the second half of fiscal 2021, which started on July 1, and expects it to bear a "minimal impact" on its non-GAAP operating profits throughout fiscal 2021 and 2022.

Image source: Microsoft.

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Source Fool.com