A blog post on the Xbox website from Phil Spencer, Head of Xbox, confirmed the deal has been completed, after receiving approval from the EU earlier this week without conditions.
While it was inevitable, this post is also the first time the company has acknowledged that "some new titles" from ZeniMax Media studios will be exclusive to Xbox and PC.
“Now that everything is official, we can begin working together to deliver more great games to everyone,” the post reads.
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“This is the next step in building an industry-leading first party studios team, a commitment we have to our Xbox community. With the addition of the Bethesda creative teams, gamers should know that Xbox consoles, PC, and Game Pass will be the best place to experience new Bethesda games, including some new titles in the future that will be exclusive to Xbox and PC players.”
They also announced additional Bethesda games will be arriving on Xbox Game Pass later this week to celebrate the occasion, with more details expected soon.
This will likely be a video presentation on Thursday which was previously reported by Venturebeat, designed to explain what the deal will mean for Xbox Game Pass subscribers.
According to the report however, it’s unclear whether Microsoft will address the issue of platform exclusivity — with many wondering whether titles like Starfield, The Elder Scrolls VI or Indiana Jones will be exclusive to Microsoft platforms.
The deal means Microsoft will have ownership over studios like Bethesda Softworks, Bethesda Game Studios, id Software, ZeniMax Online Studios, Arkane, MachineGames, Tango Gameworks, Alpha Dog and Roundhouse Studios.
These studios are responsible for huge franchises like The Elder Scrolls, Fallout, Wolfenstein, DOOM, Dishonored, Prey and Quake.