Zenimax borrowed $105 million to buy id

Wednesday, 8 July 2009 07:27 GMT By Patrick Garratt


ZeniMax raised $105 million in convertible debt and promissory notes in order to buy, id Software, VentureBeat reports.

The figure comes from an SEC filing – financials figures weren’t disclosed when the deal was announced in June.

ZeniMax previously raised $300 million in private equity funding in 2007.

Full thing through there.