It’s Official: Microsoft Buys Mojang for $2.5 Billion

Recently rumored and now confirmed, Markus “Notch” Persson and the other two co-founders of Mojang (Carl & Jakob) have sold the company to Microsoft for $2.5 billion dollars.  Billion.  With a B.

Notch and the two co-founders are expected to leave Mojang and take their sweet, sweet money elsewhere, while Microsoft expects to break even on the deal by the end of June, 2015.

“Gaming is a top activity spanning devices, from PCs and consoles to tablets and mobile, with billions of hours spent each year,” said Microsoft CEO Satya 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.”

The news was confirmed on the developer’s official site, where they went into the various details surrounding the decision to sell, mostly centering around Notch having grown tired of working for such a large organization.

“Minecraft has grown from a simple game to a project of monumental significance. Though we’re massively proud of what Minecraft has become, it was never Notch’s intention for it to get this big…As you might already know, Notch is the creator of Minecraft and the majority shareholder at Mojang. He’s decided that he doesn’t want the responsibility of owning a company of such global significance. Over the past few years he’s made attempts to work on smaller projects, but the pressure of owning Minecraft became too much for him to handle. The only option was to sell Mojang. He’ll continue to do cool stuff though. Don’t worry about that.

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. We’re confident that Minecraft will continue to grow in an awesome way.”

What does this mean for Minecraft editions on Microsoft’s competitors?  Worry not, as the PC, Mac, Xbox 360, Xbox One, PS3, PS4, Vita, iOS, and Android editions will continue to be supported and developed regardless of the deal.  I look forward to seeing what Notch can do next, after he’s done swimming in his glorious new money bin.