Its an American online game Holding company based in Rockville, Maryland and launched in 1999. ZeniMax Media is a media production and management company that produces multi-platform video games, cartoon programs, television series, films, and theme parks. It is known for its high quality production values. ZeniMax Media Incorporated owns a number of different companies under the names Act, Atlas Access, Blu-ray, Blue Force, Climax, Enigma, Game Ranch, iamins, iMotions, Lixit, Metropolis, My-Vision, Oingo Boingo, Pritika, SocialDeck, Trixel, and Wonderland. These type of games are more fun playing on gaming chairs. To know more, visit gaming-chair.guide.
On September 6, 2021, ZeniMax Media Incorporated purchased a majority interest in Climax, a premier online amusement park development and management company. The acquisition marked a major step toward expanding the scope of products from the parent company. The acquisition also brings to ZeniMax a number of highly talented employees and leads that will help take the company to new heights in the future.
The acquisition of Climax gives ZeniMax Media the opportunity to expand its product line into an additional eight continents worldwide. The new titles planned for release in the next two years will include titles from Australia, Brazil, Canada, China, France, Germany, Ireland, Japan, Latin America, the Philippines, South Africa, and the United Kingdom. In late 2021, the company plans to release titles from the United States. This is a significant expansion for a media company that only released its first game, "MapleStory: Gold Edition", earlier this year.
On September 9, 2021, ZeniMax Media Incorporated filed an agreement to sell and transfer its shares in Rockville, Maryland - home of the popular Wii game "Wii Sports Resort". The purchase of the Rockville property was the trigger for the acquisition. Rockville is one of the leading cities located in Maryland near Washington, D.C. (home of the White House). Rockville's proximity to the President's home provides the executive company with the opportunity to improve its branding in the United States, while simultaneously building new customer bases in the United Kingdom, Australia, and China.
The acquisition comes at a time when the outlook for the gaming industry is unclear. Sony has announced several layoffs. Microsoft has announced several layoffs. Apple and Blizzard Entertainment have delayed their upcoming releases. All of these potential factors contribute to the weaker economy, and may lead to fewer people staying home and playing video games.
In May 2021, ZeniMax Media Inc acquired Rockville's Game Pass, which allowed players to purchase several select video games each month for a small monthly charge. ZeniMax Media Inc now owns all of the Game Passes that were sold and are distributing them to customers in the North American territories. On September 7, ZeniMax Media Inc announced that they would be discontinuing Game Pass. This action follows the acquisition of the Game Pass by its competitor, Accusharp.
Accusharp is a larger company than ZeniMax Media Inc, but is still a relatively young company with a small market share. They were ranked fourth among all mobile game studios in Q3 2021, behind ZeniMax Media Inc, Crave Entertainment, and Vivendi Universal Games America. The two companies combined would still be only a part of the mobile game market, despite the acquisition of the Game Pass. However, it shows that they are focused on developing their own games instead of seeking to acquire other people's ideas and concepts.
The acquisition of Rockville based Game Pass from its founder, Mattel, was the third step in a long series of acquisitions for ZeniMax Media Inc. The company had previously acquired other companies in the game development field, most notably Nelvana and Take-2. This acquisition marks the completion of their third round of capital investment in the year. ZeniMax Media Inc will continue to expand into other areas of media, such as television, home video, and film production, as well as pursue other joint ventures.