Capital Wired

Keeps You Updated

Tuesday, March 2, 2021
Log in
  • Headlines
  • Business
  • Health
  • Tech & Science
  • Sports
  • World
  • US
  • Latest News
    • How To Make Your Own Home-Brewed Morphine
    • Using Mouthwash Too Often Puts You at Risk of Obesity and Diabetes
    • Walmart to Solve its Supply Chain Issues and Further Cut Down on Costs
    • The World’s Most Expensive Christmas Decorations
    • Netflix Hopes to Balance Data Limit With Great Video Quality
    • Joji Morishita says Japan Will Resume Whaling
    • The Most Beloved Plastic Surgeries Among Americans
    • Skype for Web Allows Non-Users to Take Part In Its Online Chats

Pages

  • About Capital Wired
  • Contact Us
  • Privacy Policy GDPR
  • Reprint & Licensing
  • Staff
  • Terms of Use

Recent Posts

  • Here’s Why Your Brain Keeps Worrying about Everything June 29, 2018
  • Don’t Throw That Sunscreen after Summer Is Up June 29, 2018
  • Analysts: Currency War between U.S. and China Might Be Looming June 28, 2018
  • Starbucks Rival The Coffee Bean & Tea Leaf Opening 100 Shops June 27, 2018
  • Study Finds We Are Alone in the Universe June 26, 2018
  • Restaurant Owner Not Sorry for Booting Sarah Sanders June 26, 2018
  • Beware of the Hidden Salt in Your Food! June 25, 2018

Microsoft Deals for ‘Minecraft’ Now Apparently of $2.5 Billion: Will the Venture Payoff?

September 14, 2014 By Germaine Hicks 2 Comments

Email, RSS Follow

minecraft-deals-with-xbox

Have you heard of the Mojang’s Minecraft yet? Actually, it’s on the PC, PlayStation, Xbox, iPhone, iPad, and Android devices for beginners. In total, it has sold over 54 million copies. Previous week, signifies that Microsoft wanted to purchase the developer studio and the game for $2 billion, a report stated.

According to the most recent report published in Saturday claims that the purchase amount is truly higher than $500 million. Most of us are speculating why Microsoft would use up such huge amount of money for just a sole game franchise.

It has been reported by the sources with Reuters, the Microsoft will declares a $2.5 billion purchase of Mojang on Monday. Moreover, it seems to be the deal larger than Facebook’s acquisition of Oculus Rift for $2 billion held in July.

But the questions arising with this deal is why would Microsoft spend such a large amount of money on a single game? Some suppose this has less to do with the Xbox platforms and more to do with its mobile strategy for Windows Phone and Windows 8 tablets like the Microsoft Surface.

The Mobile Market

Dave Bisceglia, Chief Executive of independent game studio Tap Lab said, “It seems like Microsoft is looking at Mojang and Minecraft as a way to tap into this enormous cultural phenomenon. If you look at iOS, ‘Minecraft’ has been a top-grossing game for quite some time, if Microsoft could on Windows phones give players a unique and compelling experience that you can’t get on the other platforms, that could be a driver to sell devices to existing ‘Minecraft’ fans.”

Nomura analyst Rick Sherlund in a note to clients this week, “We don’t view this acquisition as a signal of Microsoft’s intent to double down on Xbox but consider it an attempt to better address mobile on a cross-platform basis. This also appears to be consistent with (Microsoft) CEO Satya Nadella’s mobile and cloud strategy.”

The mobile segment is Minecraft’s greatest growing base. Mojang’s Jens “Jeb” Bergensten discovered that the Pocket Edition passed the 21 million sold mark back in April.

The PocketEdition of Minecraft has been sold more than either the PC version or the console version. Though, that’s a fall in the bucket compared to the total number of smartphone and tablet users worldwide. 1.75 billion People worldwide are expected to use a smartphone in 2014, according to the report from research firm eMarketer. According to Tab-Times, in the meantime, the total number of tablet users reached an expected 285 million.

It seems that the potential for Minecraft in the mobile space is hefty; however it’s vague how the game will help out Windows mobile devices. Windows smartphones from Nokia and HTC are just as prevailing and packed with features as its Android and Apple competition. Yet, the devices have required both the “cool” factor of the other devices, the large marketplace of apps and app developers, and broad support from all the major carriers. Windows Phones sit in a very far third with less than 3% of the smartphone market as a result, and its market share is in fact contracting, as Phone Arena mentions. Minecraft on Windows devices could help, but it won’t solve these issues on its own.

A Platform and a Brand

Microsoft may actually get with Minecraft as it does seem to be a popular platform that can span the PC, Xbox, and mobile devices. Moreover, it will own the brand that can expand into toys, books, and possibly even movies.

On the toy front alone, the LEGO Cuusoo Minecraft Micro World Sets have been so admired that LEGO is converting them into full-grown usual size sets. Six LEGOMinecraft sets will strike stores this November; as LEGO declares just this past Thursday.

It looks dodgy that Microsoft would be able to compel the support of Minecraft: PlayStation 4 Edition, PlayStation 3 Edition, and PS Vita Edition. This doesn’t mean that future versions of Minecraft will be available on its competitor’s consoles though.

Any deal for Minecraft will likely not include Notch, The Inquisitr previously reported. The maker of the huge hit has not dynamically been implicated in its development since 2011 and will supposedly head off once the possession of Mojang and Minecraft transitions to Microsoft.

Microsoft is perhaps looking at Minecraft as a franchise most likely in the same way that Nintendo seems at Super Mario as a franchise. Though, it is a game with an apparently unlimited amount of growth and attraction to both children and adults. On the other hand, it’s shocking that Microsoft didn’t go for such deal earlier to Minecraft launching on the PlayStation platforms, although now the question is will the $2.5 billion venture payoff.

Email, RSS Follow

Germaine Hicks

Germaine is an avid sports fan and as such, he decided on his current career path with the idea in mind that he would never, ever miss a Yankee game. Until now, he managed to make good on that promise. As you’ve probably guessed, he’s our go-to sports guy.

Filed Under: Tech & Science Tagged With: $2 billion, $2.5 billion, $500 million, Dave Bisc, Inquisitr, ios, Jens “Jeb” Bergensten, LEGO Cuusoo Minecraft, microsoft, minecraft, mojang minecraft, nomura, oculus rift, rick sherlund, satya nadella, super mario

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Recent Articles

dc logo on black galaxy background

Ava DuVernay to Direct DC’s New Gods Adaptation

March 16, 2018 By Rebecca McGhee Leave a Comment

leonardo davinci's signature in black

Is DaVinci’s Record Breaking Painting Authentic?

November 20, 2017 By Rebecca McGhee Leave a Comment

stephen hawking

Stephen Hawking Makes Gloomy Prediction For Earth In A 100 Years

May 7, 2017 By Deborah Nielsen Leave a Comment

"Dwayne Johnson not dead"

Dwayne Johnson Died this Week or Not

January 19, 2016 By Jason Leathers 3 Comments

There Are At Least Three More Seasons of Game of Thrones To Go

July 31, 2015 By Rebecca McGhee Leave a Comment

Homelessness Soars in L.A., Officials Pledge to House Everybody by 2016

May 12, 2015 By Brian Galloway Leave a Comment

FBI Releases National Report on Slain Police Officers, Figures are Alarming

May 12, 2015 By Rebecca McGhee Leave a Comment

New York Nuclear Plant Partially Shut Down due to Hudson Oil Slick

May 11, 2015 By Jason Leathers 2 Comments

Obama Draws Heat from Democrats over Asia Trade Deal

May 9, 2015 By Rebecca McGhee Leave a Comment

Florida Governor Changes Stance on Obamacare Once More, Budget on Hold

May 9, 2015 By Brian Galloway Leave a Comment

Secret Service to add an Extra Layer of Spikes to White House Fence

May 8, 2015 By Chen Lai Leave a Comment

Police Arrested Suspect in death of Student who tried to Sell Car on Craigslist

May 8, 2015 By Deborah Nielsen 1 Comment

AccuWeather.com: 2015 Atlantic Tropical Storm Season is Officially Open

May 7, 2015 By Deborah Nielsen Leave a Comment

Illinois Student Found Dead after Trying to Sell his Car on Craigslist

May 7, 2015 By Deborah Nielsen 2 Comments

Related Articles

  • ET movie

    Study Finds We Are Alone in the Universe

    Jun 26, 2018
  • Sarah Huckabee Sanders

    Restaurant Owner Not Sorry for Booting Sarah Sanders

    Jun 26, 2018
  • New Type of Photosynthesis Spotted in Blue-Green Algae

    Jun 20, 2018
  • Tropical fish and coral reef

    Coral Reefs Save Us from Flooding (Study)

    Jun 14, 2018
  • NASA astronaut on the moon

    NASA Astronauts Warmed Up the Moon in the 1970s

    Jun 12, 2018
  • Antarctic landscape

    Antarctica Experiencing Routine Earthquakes Like Any Other Continent

    Jun 5, 2018
  • SpaceX Falcon 9 rocket launch

    SpaceX Launches Powerful Communications Satellite into Orbit

    Jun 5, 2018
  • Planet Pluto

    Scientists Have New Theory About Pluto’s Formation

    May 30, 2018
  • The Milky Way

    NASA Uses Lasers to Re-Create Coldest Spot in the Universe

    May 22, 2018
  • Plastic bottle on a sand beach

    Earth Has Had 33 Years of Above-than-Average Temperatures

    May 21, 2018

Categories

  • Business
  • Headlines
  • Health
  • Sports
  • Tech & Science
  • US
  • World

Copyright © 2021 capitalwired.com

About · Privacy Policy · Terms of Use · Contact

This website uses cookies to ensure you get the best experience on our website. Learn more.