This was “breaking news” two hours ago, but now it’s just regular news. ZeniMax Media, which is the parent company of Bethesda Softworks, has bought id Software.
It looks like id was looking for a steady flow of cash as its CEO, Todd Hellenshead, said:
This was a unique opportunity to team with a smart, sophisticated publisher like Bethesda Softworks where the interests of the studio and the publisher will be fully aligned in the development and marketing of our titles. In addition, we will now have financial and business resources to support the future growth of id Software, a huge advantage which will result in more and even better games for our fans.
No big changes are expected at id.
Devin is the PC gamer here, so I defer to his opinion on What This Means, and so forth.