Microsoft buys Minecraft studio for $2.5 billion
Microsoft has made its Minecraft marriage official today by announcing it has acquired Mojang for $2.5 billion. Surprisingly, the company promises to continue supporting the game across all platforms it's already available on.
It looks like previous reports of Microsoft purchasing Minecraft developer Mojang were right, as Microsoft has just made things official by announcing the acquisition this morning.
The cost of the acquisition was also correct as Microsoft has paid a total of $2.5 billion for Mojang, and the company will be joining its Microsoft Studios team. According to Microsoft, its cloud and mobile technologies will benefit Minecraft players as they can expect “richer” and “faster” worlds as well as additional opportunities to connect within the Minecraft community.
“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 in the announcement. “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.”
Surprisingly, Microsoft plans to continue making Minecraft available across all platforms that it’s already available on: PC, iOS, Android, Xbox and PlayStation. Yes, that PlayStation.
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Daniel Perez posted a new article, Microsoft buys Minecraft studio for $2.5 billion.
Microsoft has made its Minecraft marriage official today by announcing it has acquired Mojang for $2.5 billion. Surprisingly, the company promises to continue supporting the game across all platforms it's already available on.-
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I don't really see how Microsoft is getting their money's worth here. They don't have Notch and they don't have exclusivity, so what's the point? They have the revenue stream but that's not going to make up for $2.5 bil.
It always amazes me that these companies are so huge that they can throw BILLIONS at seemingly inconsequential acquisitions like it's no big deal. I guess if you're Microsoft or Facebook, $2-3 billion is pocket change.
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