Microsoft appears to be having some fun coming up with division names in the lead-up to its acquisition of Bethesda and its parent company ZeniMax. It has created a new subsidiary dubbed "Vault" that will be merged with ZeniMax once the deal is approved by regulators, presumably as a holding company for Bethesda's properties.
As spotted by Eurogamer, regulator the European Commission published information related to the acquisition, stating that Vault will be "merged with and into ZeniMax."
Microsoft expects the deal to close later this year, though that isn't guaranteed.
The word "into" suggests it will be a part of ZeniMax now, but it would seem to make sense for Vault to be an umbrella company that would handle Bethesda's properties. We don't expect to see the Bethesda name removed from any of its major franchises given its prestige and name recognition, but we're glad to see someone at Microsoft wanted to give a new company you'll probably never hear about again a good name.
The name is, of course, a reference to the Fallout series, which is one of Bethesda's largest franchises. This is especially true in recent years, with the rough Fallout 76 being significantly improved over time. Right now, Bethesda Game Studios is working on both Starfield and The Elder Scrolls VI.
Other developers within the company are working on the Doom and Wolfenstein franchises as well as GhostWire: Tokyo and Deathloop. Because the deal was agreed upon after contracts had been signed, both of those games will launch on PS5, but not initially on Xbox. Microsoft publishing a game on a Sony platform is a neat novelty, and Sony is doing the same with MLB The Show 21 in just a few months.
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