Microsoft Completes $2.5 Billion Minecraft Acquisition
Mojang, the company behind the popular Minecraft video game, is now owned by Microsoft.Microsoft is staking its claim to a major multiplatform video game property. The Redmond, Wash.-based company completed the acquisition of Mojang, the company best known for its blockbuster Minecraft game, confirmed Phil Spencer, head of Microsoft Xbox. On Nov. 6, Spencer (@XboxP3) tweeted: "It's official, today we welcome Mojang to the Microsoft Studios family. We're excited for the possibilities ahead w/the Minecraft community." The news comes nearly two months after Microsoft first announced that it was buying the Swedish game company for a whopping $2.5 billion. In a Sept. 15 announcement, Microsoft CEO Satya Nadella suggested that Mojang, and Minecraft's legions of fans, was worth the price. "Gaming is a top activity spanning devices, from PCs and consoles to tablets and mobile, with billions of hours spent each year," he 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."
Originally launched in 2009, Minecraft's distinctively blocky environment and a game engine that promotes experimentation have become a canvas for its user base's imagination. Some players have stacked blocks and leveraged the game's physics in ambitious ways. Feats include in-game re-creations of Game of Thrones locations, a rudimentary hard drive and even a working computer.