Microsoft Corp. this week it will acquire Mojang AB, the creator of Minecraft, for $2.5 billion.

Under the agreement, Mojang AB will join Microsoft Studios. The purchase is expected to close this year.

MinecraftMinecraft is a sandbox simulation title. In the title, users can craft and build items by chopping world items like trees, rocks, and sand to build an array of tools, fuel, and materials. Tools can be used to craft materials faster, fuel can heat items to form new product or food from the furnace, and materials can be used to build a shelter to keep safe from monsters.

The title has sold more than 50 million units at global retail.

Minecraft: Xbox One Edition and Xbox 360: Edition are available now.

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