Saturday 7 December 2019

Microsoft in talks to buy Minecraft maker Mojang - reports

Another example of a Minecraft world.
Destroy and rebuild: Grainne Cunningham watches on as her triplets Jack, Luca and Harry play 'Minecraft'. Photo: Ronan Lang
An example of the worlds built by online ‘Minecraft’ players.

Microsoft Corp (MSFT.O) is in discussions to buy Mojang AB, the Swedish company behind the popular "Minecraft" video game, according to reports.

The deal is be valued at more than $2bn and could be signed as early as this week, the Wall Street Journal reported.

"Minecraft" is a game where players build structures with blocks to protect against nocturnal monsters.

The acquisition will add to Microsoft's Xbox video game business, at a time when the competition in the video game console market is heating up.

Microsoft said in April it had shipped 5 million Xbox One units to retailers worldwide since the launch. In the same month Sony Corp (6758.T) said it had sold more than 7 million PlayStation 4 units as of April 6 and was struggling to keep up with consumer demand.

Microsoft declined to comment.

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