Microsoft buys Minecraft studio for $2.5 billion

It looks like previous reports of Microsoft purchasing Minecraft developer Mojang were right, as Microsoft has just made things official by announcing the acquisition this morning.

The cost of the acquisition was also correct as Microsoft has paid a total of $2.5 billion for Mojang, and the company will be joining its Microsoft Studios team. According to Microsoft, its cloud and mobile technologies will benefit Minecraft players as they can expect “richer” and “faster” worlds as well as additional opportunities to connect within the Minecraft community.

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

Surprisingly, Microsoft plans to continue making Minecraft available across all platforms that it’s already available on: PC, iOS, Android, Xbox and PlayStation. Yes, that PlayStation.