Microsoft Aquires Minecraft in a $2.5 Billion Deal

Minecraft won't be deleted from rival devices, creator and co-founders to leave the studio.

The Sweden based Minecraft developer, Mojang has been acquired by Microsoft for around $2.5 billion.

In a blog post, Mojang suggested the deal would not result in the deletion of Minecraft games and apps available on non-Microsoft devices.

"There’s no reason for the development, sales, and support of the PC/Mac, Xbox 360, Xbox One, PS3, PS4, Vita, iOS, and Android versions of Minecraft to stop," the studio wrote.

"Of course, Microsoft can’t make decisions for other companies or predict the choices that they might make in the future."

Microsoft revealed that the key reason for the acquisition is that they "believe in the power of content to unite people."

"Minecraft adds diversity to our game portfolio and helps us reach new gamers across multiple platforms. Gaming is the top activity across devices and we see great potential to continue to grow the Minecraft community and nurture the franchise. That is why we plan to continue to make Minecraft available across platforms--including iOS, Android and PlayStation, in addition to Xbox and PC."