Minecraft Being Bought By Microsoft: Mojang AB The Creators Of Minecraft Are In Talks With Microsoft Which Intends To Purchase The Minecraft Video Game

Minecraft Being Bought By Microsoft: Mojang AB The Creators Of Minecraft Are In Talks With Microsoft Which Intends To Purchase The Minecraft Video Game
We have the latest news for you on the purchase of Minecraft by Microsoft. Mojang AB, the Swedish company behind the creation of 'Minecraft' Video game, valued over $2 billion is in talks with Microsoft and sources say that the deal to buy the company may be signed and sealed this week. When asked, Microsoft's spokesman declined to comment on the issue and likewise did Mojang chief executive Carl Manneh.
Once the deal is signed, Microsoft will have access to Mojang's customer base of more than 50 million, a hip demographic the company has had to struggle to achieve. The company's mobs, skeletons and its secrets will all go to Microsoft. The 35-year old founder, Markus Persson has always shunned outside investment for he is revered in the gaming community for railing publicly against big firms which include Microsoft, the news about the sale has come as a big surprise.
When and if Microsoft acquires the company, Minecraft video game could reinvigorate its 13-year old Xbox video game business for it will be a hit and will gain fans among the young (gamers). So far Mojang has sold over 50 million copies of 'Minecraft' since it was released in 2009 earning the company more than $100 million in profits last year alone in the sale of the game and merchandise.
The game is available on Xbox, Sony Corp PlayStations, PC and on smartphones. Minecraft's popularity rests mainly on its open-ended possibilities which allow players to build almost anything in a blocky, Lego-style world with many dangers such as zombies and giant spiders. The game has gained favors with children and Hard-core Gamers alike despite pixilated graphics that are a far cry from polished, action- based blockbusters like Microsoft's own 'halo' franchise.
If the deal pushes through, this will be Satya Nadella's (Microsoft's chief executive), first multibillion-dollar acquisition since he took office in February. This would also result in an unexpected plunge since he said that Xbox is not a core business for Microsoft. But Nadella further said that Microsoft views the video game as a way to expand the company's foothold in PC's and mobile.
Tags : Minecraft mojang Microsoft Microsoft set to acquire Minecraft Minecraft video game latest news on Minecraft Microsoft news updates Minecraft Rumors Minecraft to boost Microsoft sales Mojang hostile takeover Microsoft CEO makes big deal minecraft latest news Minecraft latest updates latest news on Mojang Mojang and Microsoft deal of the century between Mojang and Microsoft Mojang CEO shocks the world Minecraft Being Bought By Microsoft Minecraft being Sold Microsoft buying Minecraft
Hot Trends
-
Here Are Lyrics to Charity Gayle's "Name Above All Names"
-
Matt Maher Reveals How Johnny Cash & Roy Orbison Inspired His New Song
-
The LeFevre Quartet Announces 20th Anniversary Concert Celebration
-
The 3 Heath Brothers Introduce Us to the Next Generation of Gospel Music
-
Steven Curtis Chapman Remembers Daughter Maria 15 Years After Her Tragic Death
-
LEELAND Shares the Story Behind their New Single "You're Not Done"
-
Rhett Walker to Perform on FOX & Friends
-
Dr. David Jeremiah Had a Fall & Cancels All Speaking Engagements for "Singing in the Sun"
-
Hillsong Worship Former Leader Miriam Webster Gets Married
-
Hinson Family’s Jordy Is Engaged To Logan Smith
-
Here Are the Lyrics to Brandon Lake & Phil Wickham's “Love Of God”
-
Huey P. Williams of the Gospel Group, the Jackson Southernaires, Has Died
-
Here Are the Lyrics to Patrick Mayberry's "Real Help"
-
7 Things to Know About Brothers of the Heart's "Listen to the Music"
-
Nicole Serrano, Former Member of Red Rocks Worship & Vocalist for Chris Tomlin, Says She's a Lesbian
Most Popular
-
Here Are Lyrics to Charity Gayle's "Name Above All Names"
-
Matt Maher Reveals How Johnny Cash & Roy Orbison Inspired His New Song
-
The LeFevre Quartet Announces 20th Anniversary Concert Celebration
-
The 3 Heath Brothers Introduce Us to the Next Generation of Gospel Music
-
Steven Curtis Chapman Remembers Daughter Maria 15 Years After Her Tragic Death
-
LEELAND Shares the Story Behind their New Single "You're Not Done"
-
Rhett Walker to Perform on FOX & Friends
-
Dr. David Jeremiah Had a Fall & Cancels All Speaking Engagements for "Singing in the Sun"
-
Hillsong Worship Former Leader Miriam Webster Gets Married
-
Hinson Family’s Jordy Is Engaged To Logan Smith
-
Here Are the Lyrics to Brandon Lake & Phil Wickham's “Love Of God”
-
Huey P. Williams of the Gospel Group, the Jackson Southernaires, Has Died
-
Here Are the Lyrics to Patrick Mayberry's "Real Help"
-
7 Things to Know About Brothers of the Heart's "Listen to the Music"
-
Nicole Serrano, Former Member of Red Rocks Worship & Vocalist for Chris Tomlin, Says She's a Lesbian