If you like playing the popular game Minecraft, you might want to sit down for this news. Mojang, the company behind Minecraft has been bought by Microsoft for $2.5 billion:
Under the terms of the agreement, Microsoft will acquire Mojang for $2.5 billion. Microsoft expects the acquisition to be break-even in FY15 on a GAAP basis. Subject to customary closing conditions and any regulatory review, the acquisition is expected to close in late 2014.
The press release also says this:
Microsoft plans to continue to make “Minecraft” available across all the platforms on which it is available today: PC, iOS, Android, Xbox and PlayStation.
While it would be suicide to cut support for non Microsoft platforms, you’ll excuse me if I am skeptical. After all, they have Windows Mobile and Windows Desktop OSes to sell. So the may not nuke support for non-Microsoft platforms today, but they may well do so in the future. All one needs to do is look at Microsoft’s purchase Bungie. Mac support for all their games (in particular Halo) disappeared some time after the purchase.
In the meantime, expect fans of Minecraft not to be happy about this purchase.
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This entry was posted on September 15, 2014 at 10:00 am and is filed under Commentary with tags Microsoft. You can follow any responses to this entry through the RSS 2.0 feed.
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Minecraft Now Owned By Microsoft
If you like playing the popular game Minecraft, you might want to sit down for this news. Mojang, the company behind Minecraft has been bought by Microsoft for $2.5 billion:
Under the terms of the agreement, Microsoft will acquire Mojang for $2.5 billion. Microsoft expects the acquisition to be break-even in FY15 on a GAAP basis. Subject to customary closing conditions and any regulatory review, the acquisition is expected to close in late 2014.
The press release also says this:
Microsoft plans to continue to make “Minecraft” available across all the platforms on which it is available today: PC, iOS, Android, Xbox and PlayStation.
While it would be suicide to cut support for non Microsoft platforms, you’ll excuse me if I am skeptical. After all, they have Windows Mobile and Windows Desktop OSes to sell. So the may not nuke support for non-Microsoft platforms today, but they may well do so in the future. All one needs to do is look at Microsoft’s purchase Bungie. Mac support for all their games (in particular Halo) disappeared some time after the purchase.
In the meantime, expect fans of Minecraft not to be happy about this purchase.
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This entry was posted on September 15, 2014 at 10:00 am and is filed under Commentary with tags Microsoft. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.