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ZeniMax Media history
ZeniMax Media company history timeline
ZeniMax was founded in 1999 by Bethesda Softworks founder Christopher Weaver and Robert A. Altman.
In 2000, SBS Broadcasting acquired a 12.5% stake as part of the partnership between the two companies.
The year 2000 also saw Terry McAuliffe, George Mitchell, Dean Devlin and Jon Feltheimer join ZeniMax as company advisors.
Weaver filed a lawsuit against ZeniMax in 2002 for breach of contract, claiming he was owed US$1.2 million in severance pay.
In 2004, ZeniMax acquired the Fallout franchise from Interplay Entertainment.
On August 1, 2007, ZeniMax announced the creation of ZeniMax Online Studios, a division headed by Matt Firor.
On October 30, 2007, ZeniMax announced that European broadcasting group ProSiebenSat.1 Media was intensifying its relationship with ZeniMax.
As of 2007, Weaver held a 33% stake in the company.
In December 2009, ZeniMax acquired publishing rights to the id Software game Rage from Electronic Arts.
Arkane Studios in Lyon, France; acquired in August 2010.
In 2010, Providence invested another $150 million for an undisclosed stake.
On June 25, 2014, Oculus filed an official response to the lawsuit.
In May 2016, it was valued at $2.5 billion.
On September 21, 2020, Microsoft announced they entered into an agreement to acquire ZeniMax Media and all its subsidiaries for $7.5 billion.
By February 2021, Microsoft had created a subsidiary known as Vault that would be merged into ZeniMax as part of the acquisition.
Altman died on February 3, 2021, aged 73 at a hospital in Baltimore.
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ZeniMax Media competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Electronic Arts | 1982 | $7.6B | 9,800 | 152 |
| Activision Blizzard | 2008 | $7.5B | 9,500 | 166 |
| Daybreak Game | 2015 | $25.0M | 450 | 14 |
| Take-Two Interactive Software | 1993 | $5.3B | 6,495 | 61 |
| Epic Games | 1991 | $500.0M | 1,001 | 98 |
| Stardock | 1991 | $15.0M | 51 | 4 |
| Hi-Rez Studios | 2005 | $25.0M | 451 | - |
| Glu Mobile | 2001 | $540.5M | 800 | 5 |
| Insomniac Games | 1994 | $17.5M | 401 | - |
| Trion Worlds | 2006 | $100.0M | 750 | - |
ZeniMax Media history FAQs
Zippia gives an in-depth look into the details of ZeniMax Media, including salaries, political affiliations, employee data, and more, in order to inform job seekers about ZeniMax Media. The employee data is based on information from people who have self-reported their past or current employments at ZeniMax Media. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by ZeniMax Media. The data presented on this page does not represent the view of ZeniMax Media and its employees or that of Zippia.
ZeniMax Media may also be known as or be related to ZENIMAX MEDIA INC, ZeniMax Media, ZeniMax Media Inc, ZeniMax Media Inc., Zenimax Media and Zenimax Media Inc.