Microsoft said it has agreed to buy Mojang, the Swedish video game company behind the hit game Minecraft, boosting its mobile efforts and cementing control of another hit title for its Xbox console.

Next, Microsoft might figure out that once a gamer spends $27 on Minecraft for PC, Mojang makes essentially $0 more from them for life. Unless they buy some merch.

STOCKHOLM/SEATTLE (Reuters) - Microsoft Corp (MSFT.O) has agreed to acquire the Stockholm-based developer of the wildly popular Minecraft video game for $2.5 billion (1.54 billion pounds), as it ...

Microsoft paid $2.5 billion for Mojang, the company behind the hit building-block video game Minecraft that is played by millions. But it might have gained a lot more than just a popular franchise.

With Mojang, Microsoft buys its fourth non-U.S.-based company in 2014 Read now Microsoft has officially acquired Minecraft for $2.5 billion after days of chatter about a deal.

"Microsoft's move to buy Minecraft developer and owner Mojang for $2.5bn may come as a surprise to the game's more fervent fans, but it is rooted in commercial, if not cultural, sense," he said.

Microsoft has acquired its fourth non-.U.S. company this year with its purchase of Mojang, the creator of the Minecraft game, for $2.5 billion.

The rumors are true: Microsoft is buying Minecraft developer Mojang for $2.5 billion. And as we discovered this morning, Mojang founder Markus "Notch" Persson is leaving the company. As you can ...

Microsoft shares gained 0.2% when rumors of a deal surfaced last Wednesday and were down about 0.8% to $46.35 in morning trading Monday. The deal, while practically small compared to $7.2 billion ...

The rumors were true. Microsoft has acquired Mojang, the company behind the wildly popular game Minecraft, for a cool $2.5 billion dollars.The deal spells the end of independence for one of the ...

Microsoft has closed the previously much-rumored deal to acquire Mojang, the small Swedish company behind the massively popular videogame franchise Minecraft, for $2.5 billion. If you're not a ...

NEW YORK (AP) -- Microsoft will acquire the maker of the long-running hit game Minecraft for $2.5 billion as the company continues to invest in its Xbox gaming platform and looks to grab attention ...