Yes, We’re Being Bought By Microsoft
“Yes, the deal is real. Mojang is being bought by Microsoft.”
Swedish game developer confirms takeover by Microsoft, who will also take ownership of the Minecraft franchise for US$2.5 billion.
The acquisition is expected to close in late 2014, subject to regulatory review.
“Change is scary, and this is a big change for all of us. It’s going to be good though,” Mojang blogger, Owen wrote, expressing confidence in the future of the developer in the hands of Xbox owners, Microsoft.
“Minecraft will continue to evolve, just like it has since the start of development.”
The reason for selling was Mojang majority shareholder Markus Persson aka ‘Notch’ “doesn’t want the responsibility of owning a company of such global significance” and the pressure of owning Minecraft became too much for him.
He is reported to have approached Microsoft CEO, Satya Nadella, about a deal.
The gaming whizz, Notch, created the cult game Minecraft, which is one of the most played online games on Xbox, and 100 million downloads on PC, since its launch in 2009.
“Though we’re massively proud of what Minecraft has become, it was never Notch’s intention for it to get this big,” according to Mojang’s blog.
“There are only a handful of potential buyers with the resources to grow Minecraft on a scale that it deserves. We’ve worked closely with Microsoft since 2012, and have been impressed by their continued dedication to our game and its development.”
Notch will leave the company to work on other “cool stuff ” along with co-founders Carl Manneh (also CEO) and Jakob Porser.
The vast majority of Mojangstas will continue to work at the company.
“Gaming is a top activity spanning devices, from PCs and consoles to tablets and mobile, with billions of hours spent each year,” said Microsoft boss, Nadella.
“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 plans to continue to make “Minecraft” available across all the platforms on which it is available today: PC, iOS, Android, Xbox and PlayStation.