Back in September, Microsoft announced that previous rumors were true and that they were indeed acquiring Mojang for $2.5 billion. That may seem like a huge amount but Microsoft has previously stated that they expect to make their investment back by the end of their 2015 fiscal year. Microsoft has said that the acquisition will not affect those who play Minecraft on non-Microsoft platforms (i.e. PlayStation, iPad, etc).
Phil Spencer, Head of Xbox, took to twitter to make the announcement:
It needs to be noted that Markus “Notch” Persson, Carl Menneh and Jakob Porser, founders of Mojang, are all leaving the company upon Microsoft acquiring it. Notch explained his reasoning for selling Mojang via his site.
Read MONG’S original story about the Microsoft/Mojang acquirement here.
This is a pretty big move on Microsoft’s part and one that I see paying off when it’s all said and done. Microsoft’s reasoning behind this acquisition is clearly for the Minecraft name and that’s a smart business move seeing how much of a worldwide phenomenon Minecraft has become.
Jason Patrick is one of the new associate writers at MONG and he loves his cats, Finn and Thomas. Just saying. You can follow him on Twitter.