Microsoft acquires Mojang’s Minecraft for $2.5bn

Semiu Salami
Semiu Salami
Microsoft

Microsoft has bought Mojang, the Swedish firm behind the popular video game Minecraft, for $2.5bn (£1.5bn).

The title, which has sold over 54 million copies, allows players to build structures with retro Lego-style blocks, as well as explore a large map and battle others.

The deal was announced by Xbox chief Phil Spencer.

Mojang, whose three founders will leave the company, assured fans that “everything is going to be OK”.

Some analysts have speculated the deal is designed to attract more users to Microsoft’s Windows Phone devices.

The acquisition comes a year after Microsoft bought the Finnish mobile phone firm Nokia.
Minecraft is one of the top-selling apps on both Apple’s iOS store and and Android’s Google Play, and has recently been released for the Xbox One and PlayStation 4, further boosting sales.

Last month, it was the third most popular console game, according to market research firm NPD Group, despite being on sale for a while.

The game’s developer, Mojang, which was founded in 2009, brought in over $100m in profit last year, and employs about 40 people.

Microsoft said the Mojang team would join its game studio, which is responsible for titles such as Halo, Forza and Fable.

The tech giant’s chief executive, Satya Nadella, said: “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.”

Mojang’s founder, Markus “Notch” Persson, has previously criticised Microsoft, and commented to Reuters that the market for Windows phones was “tiny” and not worth developing apps for.
n a statement, Microsoft said it would maintain Minecraft across all its existing platforms, with a “commitment to nurture and grow it long into the future”.

It added that the acquisition was expected to be concluded by the end of 2014.

In an announcement confirming the deal on its website, Mojang reassured gamers, saying: “Please remember that the future of Minecraft and you – the community – are extremely important to everyone involved. If you take one thing away from this post, let it be that.”

With regard to Microsoft, Mojang said: “There are only a handful of potential buyers with the resources to grow Minecraft on a scale that it deserves.”

The firm added that “Notch” had decided that he “doesn’t want the responsibility of owning a company of such global significance”.

Notch later released a statement of his own, in which he appeared to be apologising to Minecraft fans.

“I’m aware this goes against a lot of what I’ve said in public. I have no good response to that. I’m also aware a lot of you were using me as a symbol of some perceived struggle. I’m not. I’m a person, and I’m right there struggling with you.

“It’s not about the money. It’s about my sanity.”

Follow Us

Share This Article