Microsoft confirms it will buy ‘Minecraft’ for $2.5 billion

See the original posting on The Verge

Microsoft is buying Minecraft maker Mojang. Reports of Microsoft’s plans surfaced nearly a week ago, and the software maker is making it official today. Microsoft is paying $2.5 billion to acquire Mojang, and the deal is expected to close by the end of the year. “Minecraft adds diversity to our game portfolio and helps us reach new gamers across multiple platforms,” says Xbox chief Phil Spencer. “Gaming is the top activity across devices and we see great potential to continue to grow the Minecraft community and nurture the franchise. That is why we plan to continue to make Minecraft available across platforms – including iOS, Android and PlayStation, in addition to Xbox and PC.”

Minecraft creator Markus Persson, known as Notch, will not…

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