Nintendo President: 'We Are Not Just Blindly Acquiring Companies' - NewsWilliam D'Angelo , posted on 18 February 2021 / 2,723 Views
Nintendo announced earlier this year it had acquired Luigi’s Mansion 3 developer Next Level Games.
Nintendo president Shuntaro Furukawa in an interview with Nikkei (and translated by VideoGamesChronicle) was asked about Nintendo acquiring studios and he was rather upfront about his thoughts on this. Furukawa says Nintendo has no interest in just "blindly" buying developers.
"This is a partner that we have been working with for many years to develop various software, and we decided that we could improve the quality and speed of development by making it a subsidiary and working together," said Furukawa.
"We are not just blindly acquiring companies because we want development resources. We don’t think that simply expanding the scale of our business will really improve the value of the entertainment that Nintendo provides."
One of the biggest acquisitions in gaming history is Microsoft's purchase of Bethesda parent company ZeniMax for $7.5 billion in a deal that is expected to close soon.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at firstname.lastname@example.org or on Twitter @TrunksWD.