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Zenimax, the company that owns Bethesda Softworks, has just received a massive investment from Providence Equity Partners.

The desecrated world of Fallout 3 just got slightly richer.

Providence Equity Partners, a private equity firm that invests specifically in media and information business, recently invested $300 million in Zenimax Studios. Zenimax, as you may know, is the parent company to Bethesda Softworks - the creators of The Elder Scrolls IV: Oblivion as well as the current developers of Fallout 3. It's likely that some of this money will go towards the development of Fallout 3 since, as Gamasutra reports, the money is meant to "fund future growth, ramp up publishing and development, facilitate acquisitions, and finance MMOGs." But more than likely the money will be put towards Bethesda's recently announced Bethesda Online Studios, a studio focused on creating MMOGs.

Michael Dominguez, a Managing Director of Providence Equity stated:

"We are pleased to partner with one of the best managed companies in the videogame industry. ZeniMax Media has an outstanding series of proven interactive entertainment content and a burgeoning position in the rapidly growing global video game market. We look forward to working with Robert [Robert A. Altman, its Chairman and CEO of Bethesda] to build value at ZeniMax Media over the long-term."

Hopefully this move will benefit Fallout 3's quality as it's developed over the next few months - not that it really needs the help though.

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DGeneral

Posted at: 10/28/07 at 1:29 AM PST

I'm really interested in Fallout 3, specially since this is the first fallout game that i will play. I hear nothing but good things about the series and this news only strengthen my expectations for the game. With extra money like that being poured into Bethesda i hope we gamers see that in their upcoming games.

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