Microsoft announces purchase of Minecraft creator Mojang for $2.5 billion
Mcrosoft yesterday announced the purchase of Mojang, the Swedish-based development studio behind massive hit Minecraft.
Confirmation of the $2.5 billion deal comes a week after rumors hit that the two companies were in talks over an acquisition. The deal is expected to close in late 2014.
The founders of Mojang, including Markus "Notch" Persson, will all be leaving.
"Gaming is a top activity spanning devices, from PCs and consoles to tablets and mobile, with billions of hours spent each year," said Satya Nadella, CEO, Microsoft. "Minecraft is more than a great game franchise - it is an open world platform, driven by a vibrant community we care deeply about, and rich with new opportunities for that community and for Microsoft."
Microsoft's Phil Spencer wrote that the company plans to continue to "make Minecraft available across platforms — including iOS, Android and PlayStation, in addition to Xbox and PC."