Blog Post

ZeniMax Raised $105 Million To Buy Id Software

Financial details about ZeniMax Media’s acquisition of Quake-developer id Software were kept under wraps — but a new SEC filing reveals that ZeniMax raised $105 million in debt financing to facilitate the deal. We’re working on confirmation regarding where the funds came from.

The last time the Maryland-based publisher raised money was a $9.9 million round in 2008 (which was dwarfed by a $300 million round ZeniMax said it would be using for acquisitions in 2007). ZeniMax’s board includes a roster of media and entertainment execs — including CBS’ Les Moonves, Jerry Bruckheimer (who has been busy staffing up his own video game studio), as well as baseball player Cal Ripken, Jr.