TECH

Microsoft Poised To Buy Minecraft Creators Mojang For $2bn

10/09/2014 11:48 BST | Updated 10/09/2014 12:59 BST

Microsoft is reportedly on the verge of buying Mojang AB, the company that developed the worldwide phenomenon Minecraft.

READ MORE: 10 Minecraft Tricks You Probably Don't Know

The Wall Street Journal reports that the deal is worth over $2bn and has been set up by the developer's founder Markkus Persson.

minecraft

Minecraft has sold over 50 million copies worldwide and is available to buy on almost all formats including Xbox One, PS4 and PC.

It's believed that Microsoft wants to buy the company so it can build up the Minecraft brand through merchandising and even new games.

Bloomberg believes the deal was set up Persson just a few months ago when he approached Microsoft about a possible purchase. Microsoft appear to be keen as the site goes on to suggest that the deal could be closed as soon as next week.

Minecraft has practically transformed the Stockholm-based developers with Minecraft earning the company over $100 million in profits just last year.