Microsoft subsidiary “ Vault ” launched as Xbox Bethesda deal progresses

Source: Bethesda Softworks LLC

Microsoft has launched a new subsidiary as part of its ongoing acquisition of ZeniMax Media Inc., according to new documents from the European Union. With discussions on approving the $ 7.5 billion deal still pending, it appears Microsoft has created a new company called “Vault,” which is expected to house ZeniMax Media and its various properties. The European Commission is expected to deliver its decision by March 5, 2021.

The “newly created Microsoft subsidiary (‘Vault’) will be merged with and in ZeniMax,” according to official documents published on the European Union’s EUR-Lex website. While Microsoft would have “sole control” of the company , the new “Vault” seeks to ease its transition to Redmond. It is still unclear whether ZeniMax Media, the current holding company that houses names such as Bethesda Game Studios and Arkane Studios, will retain its existing brand if the deal goes through. .

The move signals a fresh take on past acquisitions, like his biggest deal to date under his creative arm. With a new branch slated to house his final studios, he suggests that Bethesda-related properties will remain partially removed from his Xbox Game Studios family. Previous single-studio deals like Obsidian Entertainment, Ninja Theory, and Playground Games now fall under this 15-person banner.

Microsoft announced its intention to acquire ZeniMax Media in September 2020, a groundbreaking deal bringing together top franchises such as The Elder Scrolls, Fallout, and DOOM under the Xbox owner. While Bethesda is expected to operate somewhat independently with its established development and publishing teams, with plans to honor existing PlayStation exclusivity agreements with titles like Deathloop and Ghostwire: Tokyo. Future titles released by Bethesda are also headed to Xbox Game Pass, Microsoft’s Netflix-style subscription service for Xbox and PC games.

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