Microsoft is reportedly in “serious discussions” to acquire Mojang, the independent game studio behind the popular Minecraft game, according to a new report from The Wall Street Journal. A source told the paper that the deal could top $2 billion and close “as early as this week.” Minecraft has developed a passionate following, especially among kids. A $2 billion valuation would be a huge win for the Swedish developer, which has largely taken an anti-establishment stance. The deal could, however, be a huge blow to fans if Microsoft decides to turn_the game into a Windows/Xbox exclusive.
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According to the Wall Street Journal, Microsoft is close to a deal that would see them buying Mojang AB for more than $2 billion.
[IMG]-http://www.winbeta.org/sites/default/files/news/westerosCraft.jpg-[/IMG]
Microsoft may be ready to spend a sizable chunk of its offshore cash to buy the Swedish company behind Minecraft, according to new report. Here's why this deal would make sense for the Softies.
Bloomberg yesterday reported that Microsoft is in late stages talks with Mojang, the developer of popular video game Minecraft. The deal’s value is worth more than $2 Billion and may be concluded as soon as this week, though next week is more likely. Minecraft game is already available on Xbox One, Xbox 360 and many other platforms and have sold over 50 million copies to date. Microsoft is looking to expand the game’s reach on all the platforms and also planning to expand the licensing deals with other companies. The key here is the price Microsoft is ready to pay for Minecraft. According to me, anything above $2 billion is a premium price that Microsoft will pay. The deal came together after Mojang founder Markus Persson reached out to Microsoft a few months ago, based on a positive working relationship on Minecraft for Xbox, said the person familiar with Microsoft. The two companies quickly agreed on a framework and approximate price and have been working out the details since, the...
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Microsoft News
Microsoft is reportedly close to purchasing Minecraft creator Mojang. The Redmond-based company has been holding advanced discussions with founder Markus “Notch” Persson and company with an offer of more than $2 billion on the table according to a person with knowledge of the matter as reported by The Wall Street...
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TechSpot
There is no doubt that, at this point, the Xbox One needs a shot in the arm. While Microsoft has struck a deal with Square Enix for limited exclusivity over Rise of the Tomb Raider, Sony was able to hog the advertisement spotlight when it came to Destiny. Now Microsoft is reportedly looking to acquire Minecraft developer Mojang according to...
Few days back, Bloomberg reported that Microsoft is in late stages talks with Mojang, the developer of popular video game Minecraft. They reported that deal’s value is worth more than $2 Billion and may be concluded as soon as this week, though next week is more likely. Minecraft game is already available on Xbox One, Xbox 360 and many other platforms and have sold over 50 million copies to date. Microsoft is looking to expand the game’s reach on all the platforms and also planning to expand the licensing deals with other companies. Today, Reuters reported that Microsoft may announce the acquisition of Mojang on Monday. The price was mentioned as $2.5 billion, which is about 8 times of Mojang’s sales last year. Even though it is a costly acquisition, Microsoft can afford it because of the huge overseas cash_they have, which is about $86 billion in cash and short-term investments. Mojang is Swedish based company and has just over 40 employees. If the acquisition is finalized, Windows and Windows...
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Microsoft News
We've heard that Microsoft was interested in acquiring Minecraft creator Mojang AB for a sum of around $2 billion.
We're now hearing that the deal is worth more than that original sum and is set to happen very soon. As soon as this coming Monday.
[IMG]-http://www.winbeta.org/sites/default/files/news/microsoftminecraft_0_o.jpg-[/IMG]
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