Name: Micorsoft to buy Minecraft for $2 billion
Uploaded: 2014-09-10
Duration: 1 min 43 s
Description: Micorsoft to buy Minecraft for $2 billion

Mojang, the company behind the wildly popular block building adventure game Minecraft, could get scooped up by Microsoft for $ 2 billion. Minecraft is an open ended adventure and construction game. Players break and build blocks to create worlds, collect supplies, battle monsters, and mine of course. According to a report by the New York Times, Microsoft is in advanced talks to acquire Mojang. Microsoft is reportedly looking to buy the company to ensure Minecraft is available for all its. Devices. For those familiar with Mojang and Minecraft, this news could come as a surprise. The Wall Street Journal points out the company's cofounder, who goes by Notch, has been skeptical of outside investment. He's even shot down the idea of an acquisition in the past. The Journal quotes him as saying, At the end of the day we choose to do what either makes the most sense for our products. Or the things that seem like fun for us at Mojang. Hm, getting acquired from Microsoft must seem like fun. On the other hand, it's certainly fun for Microsoft and its new CEO Satya Nadella. Bloomberg reports the game sold a whopping $ 54 million copies as of June and in July it ranked in at number two for the best selling game for the Playstation three and Xbox 360. If Microsoft is able to bring the popular game to its myriad of devices. It could give the company's products a much needed sales boost. Microsoft Windows Phone pales in comparison to the popularity of Android and IOS devices. As multiple outlets have pointed out, Nadella looked to be pulling focus from Microsoft's consoles. But a move like this one could show consumers and analysts just how important gaming and entertainment are to the company. The Times says Notch could leave Mojang some time after its acquisition by Microsoft. Still, despite talks being labeled advanced, the deal could fall through.