id Software acquired by Bethesda parent company ZeniMax
Doom and Rage (PC, PS3, Xbox 360) developer id Software has joined Bethesda Softworks under the wings of new parent company ZeniMax. A press release announcing the acquisition of the former by the latter has just been released.
According to the announcement, id will continue to operate as a studio without any interference from ZeniMax. The acquisition also cuts down on any need for the studio to adhere to publishing deals, something id founder John Carmack has been critical of.
Todd Hollenshead, id's CEO, had the following to say about the acquisition:
This was a unique opportunity to team with a smart, sophisticated publisher like Bethesda Softworks where the interests of the studio and the publisher will be fully aligned in the development and marketing of our titles. In addition, we will now have financial and business resources to support the future growth of id Software, a huge advantage which will result in more and even better games for our fans