Microsoft Pays $2.5bn For Minecraft Maker Mojang

 

 

 

 

” 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 creator Markus Persson has been critical of Microsoft

  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. “

 

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