Microsoft said on Monday that it would receive Zenimax Media for $ 7.5 billion (Rs 55,223 crore) in cash, consolidating its Xbox video game offering with studios with titles such as Fallout and Doom Reboot.

ZeniMax Is the parent company of Bethesda softworks, Including hits the Elder Scrolls, Wolfenstein, And Rejected.

The deal Comes after a week Microsoft’s Short video app TikTok’s unsuccessful bid for US assets. TIC Toc Is currently Settle the deal As a partnership with Oracle And Walmart Instead of a uniform sale.

Microsoft said that it plans to bring Bethesda’s future games to its monthly Xbox game pass Subscription service when they launch on Xbox or PC. Microsoft now has more than 15 million game passes.

Bethesda’s structure and leadership will remain the same, Microsoft said.

Gaming on tear due to demand from home users stuck during gaming COVID-19 Pandemic and Microsoft have put their faith in offering users multiple ways to play at different price points through their cloud service and console.

Microsoft said the ZeniMax deal would close in the second half of FY 2021, and would have minimal impact on adjusted operating income in fiscal 2021 and 2022.

© Thomson Reuters 2020