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Microsoft's massive $2.5 billion acquisition of Mojang is now complete

Microsoft now officially owns the creator of Minecraft, after shelling out $2.5 billion
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Nov 7, 2014 1:06 pm

Microsoft has officially acquired Mojang, the developer behind Minecraft, for a truly massive $2.5 billion. After announcing the deal in September, all the required paperwork is now done, with the deal now complete.

 

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Minecraft earned around $326 million in revenue last year across all of its game sales, ports and merchandising. Markus "Notch" Persson, Minecraft's creator and company co-founder, has left the company, as he said he wanted to "go back to doing Ludum Dares and small web experiments".

NEWS SOURCES:Joystiq.com

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