ZeniMax Raised $105M for id Acquisition; Names Ripken to Board

Authored by Mark Hefflinger on July 9, 2009 - 7:16am.

Rockville, Md. - ZeniMax Media, the parent company of game developer Bethesda Softworks, said that it raised $105 million through a debt offering to pay for last month's acquisition of id Software, the Texas-based developer of game franchises such as "Doom," "Quake" and "Wolfenstein."

In a filing with the Securities and Exchange Commission (SEC), ZeniMax said that it raised the funds through a mixture of convertible debt and promissory notes.

The company also disclosed that it has named Baltimore Orioles Hall-of-Famer Cal Ripken to its board of directors, in addition to such notables as CBS President Les Moonves and Hollywood producer Jerry Bruckheimer.

ZeniMax announced its deal for id Software in late June.

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