It's on.
The Microsoft and Bethesda merger has been approved by both the US Securities and Exchange (SEC) and the European Commission (EC), clearing the way for the completion of the acquisition.
The European Commission has decided that Microsoft’s purchase and acquisition of Bethesda parent company ZeniMax would not raise any concerns of competition within the gaming hardware, software development or distribution markets and approved the merger without conditions late last week.
The EC’s move follows SEC’s approval of the merger earlier in March.
Hurdles clear, Microsoft and ZeniMax can now properly combine, shifting studios like id, Arkane and Tango Gameworks under the Xbox banner. Microsoft has previously advised that the acquisition would be complete by the end of June 2021.
Microsoft announced it was in the process of acquiring Bethesda back in September 2020.
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