EU to rule on Microsoft’s $7.5 bln ZeniMax deal by March 5


The EU competition enforcer can clear the deal with or without concessions during its preliminary review or it can open a full-scale investigation if it has serious concerns.

(Subscribe to our Today’s Cache newsletter for a quick snapshot of top 5 tech stories. Click here to subscribe for free.)

EU antitrust regulators will decide by March 5 whether to clear Microsoft’s $7.5 billion acquisition of ZeniMax Media, the U.S. tech giant’s biggest gaming acquisition to better compete with Sony Corp’s PlayStation.

Microsoft requested European Commission approval for the deal on Jan. 29, a filing on the EU executive’s website showed.

The EU competition enforcer can clear the deal with or without concessions during its preliminary review or it can open a full-scale investigation if it has serious concerns.

ZeniMax, parent company of Bethesda Softworks, has developed hits including Fallout and Doom. The gaming industry has soared, boosted by demand from users stuck at home during the COVID-19 pandemic.

You have reached your limit for free articles this month.

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Personalised recommendations

A select list of articles that match your interests and tastes.

Faster pages

Move smoothly between articles as our pages load instantly.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Briefing

We brief you on the latest and most important developments, three times a day.

Support Quality Journalism.

*Our Digital Subscription plans do not currently include the e-paper, crossword and print.

.



Source link

One thought on “EU to rule on Microsoft’s $7.5 bln ZeniMax deal by March 5

  • February 7, 2021 at 2:31 pm
    Permalink

    This is something New !

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *