Game developer Mojang, creators of the hit Minecraft, are being bought by Microsoft in a deal worth $2.5 billion.
Microsoft has stated they hope to break even on the deal by the end of June 2015, according to an investor’s release. Minecraft alone has had more than 100 million downloads on PC since its 2009 release.
The game will continue on all platforms it is currently available. Microsoft also plans to revive the Minecon convention next year, according to XBox head Phil Spencer.
“Minecraft is more than a great game franchise – it is an open world platform, driven by a vibrant community we care deeply about, and rich with new opportunities for that community and for Microsoft,” said Microsoft CEO Satya Nadella in the press release.
The sale will also mean the departure of Mojang’s co-founders, Markus “Notch” Persson, Jakob Porsér, and Carl Manneh.
“As you might already know, Notch is the creator of Minecraft and the majority shareholder at Mojang. He’s decided that he doesn’t want the responsibility of owning a company of such global significance,” Mojang stated on their website.
“Over the past few years he’s made attempts to work on smaller projects, but the pressure of owning Minecraft became too much for him to handle.”
The co-founders plan to continue with other unnamed projects.