Microsoft Acquired Minecraft for $2.5 Billion

Microsoft has announced this week that it has acquired Mojang, the company which developed “Minecraft” for $2.5 Billion. Microsoft expects the acquisition to break even in FY15 based on a GAAP basis. The acquisition is expected to close in late 2014 after the customary closing conditions and any ...
Microsoft Acquired Minecraft for $2.5 Billion