$2.5 billion Microsoft-Mojang acquisition deal finally complete

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Microsoft is now the official owner of Mojang and its highly-popular game Minecraft just months after the deal was initially announced back in September.

The completion of acquisition was announced by head of Xbox Phil Spencer through a tweet on Thursday. “It’s official, today we welcome Mojang to the Microsoft Studios family. We’re excited for the possibilities ahead w/the Minecraft community”, tweeted Spencer.

When Microsoft initially announced the deal, Minecraft creator & Mojang founder Markus “Notch” Persson said that he was going to leave the company on personal grounds and that he is leaving the company to maintain his “sanity”. He said that his decision of leaving the company wasn’t because of involvement of Microsoft.

The acquisition hasn’t had any negative impact on Minecraft’s development so far and Microsoft had said that they aren’t going to cease development of the game for non-Xbox platforms. One of the outcome of the acquisition is the announcement of Windows Phone version of the game.

The $2.5 billion price tag is definitely a huge one, but Microsoft believes that it will be able to break-even by the end of current financial year.