ZeniMax raises 150 million USD for new acquisitions
Fallout, Elder Scrolls, DOOM and Quake not enough
Bethesda Softworks and id Software parent company ZeniMax has secured a hefty bit of investment for development and securing new IP.
Not contented with a portfolio containing Fallout, Elder Scrolls, Rage, DOOM and Quake, ZeniMax has secured a hefty 150 million USD to spend on securing and developing new IPs.
The new investment comes from investment firm Providence Equity Partners who have been investing in ZeniMax for the last three years.
Providence managing director Michael Dominguez said: "Since our original investment in 2007, ZeniMax Media has tripled the size of its development portfolio and assembled an extraordinary library of major game franchises, along with some of the best development talent in the world."
Thanks GamesIndustry.biz.
