Last week, a rumour began to circulate among the various gaming forums and websites that Microsoft was in the process of purchasing Minecraft developer Mojang. Well as of this morning, it has been confirmed: Mojang is now a Microsoft owned studio, joining the likes of Lionhead, 343 Studios, Rare, and an increasing number of smaller first party studios.

On Mojang’s website, they have an interesting FAQ on the acquisition that sheds some light on how this deal happened.

One of the best takeaways was regarding why Markus “Notch” Persson wanted to sell the company in the first place:

“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. 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 only option was to sell Mojang. He’ll continue to do cool stuff though. Don’t worry about that.”

You can read the entire post here.

Microsoft also released a statement and a video, which you can watch below.

So what do you think? Is this good or bad for Mojang and the future of Minecraft? Feel free to sound off in the comments below.

Follow Tom on Twitter @thomaskagar