Game Over OnlineMicrosoft Acquires Minecraft Developer Mojang
Microsoft today announced it has reached an agreement to acquire Mojang, the Stockholm-based game developer, and the company’s “Minecraft” franchise. The Mojang team will join Microsoft Studios.
Under the terms of the agreement, Microsoft will acquire Mojang for $2.5 billion. Subject to customary closing conditions and any regulatory review, the acquisition is expected to close in late 2014.
Microsoft plans to continue to make “Minecraft” available across all the platforms on which it is available today, including PC, Xbox and PlayStation.