From Left Field: ZeniMax Media Acquires id Software
This morning, direct from left field and hitting me on the back of the head, it was announced that ZeniMax Media (parent company of Fallout 3 developer Bethesda Softworks) has acquired id Sofware, of Doom and Quake fame.
Though the move seems to be consistent with recent moves that ZeniMax has been making, like publishing games that Bethesda isn’t developing… id Software. There are no dollar amounts mentioned in the press release but the cost to acquire id must have been substantial. what this means for id’s Rage is not mentioned either, but considering id will continue with John Carmack at the helm as Technical Director, the deal probably won’t have any effect on Rage’s development but it might be interesting to hear what the publisher, EA, thinks about it.
Here are some snippets from the press release:
Todd Hollenshead, CEO of id Software, commented on the transaction: “This was a unique opportunity to team with a smart, sophisticated publisher like Bethesda Softworks where the interests of the studio and the publisher will be fully aligned in the development and marketing of our titles. In addition, we will now have financial and business resources to support the future growth of id Software, a huge advantage which will result in more and even better games for our fans.”
id Software will continue to operate as a studio under the direction of its founder, John Carmack. No changes will be made in the operations of id Software in the development of its games. All the principals at id Software have signed long-term employment contracts, assuring they will continue in their roles developing games at the studio.
“This puts id Software in a wonderful position going forward,” said John Carmack, who will continue to serve in his current role as Technical Director. “We will now be able to grow and extend all of our franchises under one roof, leveraging our capabilities across multiple teams while enabling forward looking research to be done in the service of all of them. We will be bigger and stronger, as we recruit the best talent to help us build the landmark games of the future. As trite as it may be for me to say that I am extremely pleased and excited about this deal, I am.”
Robert Altman, the founder, Chairman & CEO of ZeniMax Media stated, “We, along with many others, consider id Software to be among the finest game studios in the world, with extraordinary design, artistic and technical capabilities. They have demonstrated, repeatedly, that rare ability to create franchise properties that are critical and commercial successes. Our intention is to make sure id Software will continue to do what they do best – make AAA games. Our role will be to provide publisher support through Bethesda Softworks and give id Software the resources it needs to grow and expand.”
ZeniMax Media Inc, which is privately held, was founded in 1999 to create quality interactive entertainment products to meet the growing worldwide demand. The Company is headquartered in Rockville, MD and maintains offices in Hunt Valley, MD, London and Tokyo. Among its wholly owned subsidiaries are Bethesda Softworks, a premier publisher of video games, Vir2L Studios which develops games for the casual market, and ZeniMax Online Studios, a studio dedicated to massively multi-player online games (MMOG).
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June 24th, 2009 at 9:17 am
Yeah, that’s completely out of left field. Nary a whisper to be heard. I think this is probably going to work out really nicely for everybody involved.