Bethesda Softworks parent company ZeniMax Media has secured a $150 million USD investment from private equity firm Providence Equity Partners, according to a [URL=http://www.gamasutra.com/view/news/30832/ZeniMax_Media_Receives_150_Million_To_Fuel_Game_Development_Future_Acquisitions.php]Gamasutra report[/URL]. The fresh round of financing will be used for future growth and expansion such as game development, publishing, and acquisitions.

Through acquisitions and its wholly-owned studios, Zenimax has amassed an impressive portfolio of games including id Software's (Rage, Doom, Quake), Bethesda (Fallout series, Elder Scrolls), and Arkane Studios (Arx Fatalis).

"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," says Providence managing director Michael Dominguez. [URL=http://www.gamepolitics.com/2010/10/06/zenimax-gets-150-million-investment][B][COLOR=#8e0505]Read More[/COLOR][/B][/URL]

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