ZeniMax Receives $300 Million Funding Deal

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ZeniMax, the parent of Bethesda Softworks, has received a $300 million investment from Providence Equity Partners, who will receive Convertible preferred stock in return for the investment. Also, Michael Dominguez (a Managing Director of Providence) will join the Board of Directors for ZeniMax Media.
ZeniMax expects to use the funds to help grow the company, pursuing activities such as acquisitions and game development, particularly the development of massively multiplayer online games.

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This page contains a single entry by Editor published on October 25, 2007 10:13 AM.

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