It has now been confirmed that Microsoft has indeed purchased Minecraft for $2.5 billion.
Earlier in the week we released that Microsoft was planning to purchase the uber popular game, Minecraft and now the deal has finally been made public.
Microsoft’s CEO, Satya Nadella offered the Mojang start up over $2.5 billion for the game in order to help increase their pull in selling software to companies.
Since Nadella came on board as the CEO, he has had an aim to increase the selling expenditure of software and considering that Minecraft has mainly a younger demographic, the deal is set to be extremely lucrative for the company.
Mojang was started by Markus Persson and went on to profit somewhere close to $100 million per year. To date, the company only has 40 employees and there are only two executives- Carl Manneh and Jakob Porser, who are also the shareholders and board members.
While majority of the Minecraft employees will go on to work at Microsoft, Persson, Manneh and Porser will leave to start other projects.
The decision to sell Minecraft comes just after Persson commented that he was ready to move on from the game and had become too overwhelmed with fans.
“It was never my intention for it to get this big,” stated Persson. “Over the past year we have made attempts to work on smaller projects but the pressure of owning Minecraft has become too much to handle. It’s not about the money, it’s about my sanity.”
While the deal has been made public, the final sign off is expected to occur by the end of the year.