June 25th, 2009 by Arjan Olsder Posted in Companies & M&A | No Comments »
Developer of the Fallout series, Bethesda Softworks, has announced that the company has acquired id Software. Id Software is known for their Wolfenstein, Doom and Quake series which they are also bringing to the iPhone.
Under the new company structure, id Software will remain functioning as normal. John Carmack and Todd Hollenshead will remain in charge of the studio and current contracts with companies like EA and Activision will be completed. Bethesda will provide id with the funds needed to grow through mother company ZeniMax.
“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
