The mergers and acquisitions have caused a stir since Microsoft struck a $ 7.5 billion deal with Bethesda last year, so what’s Nintendo’s approach to the acquisition?
At a press conference following the company’s annual results earlier this week, Chairman Shundaro Furukawa spoke about Nintendo’s 1 trillion yen ($ 9.2 billion) cash balance and said any future acquisition would be a response to “fast-growing” technology. . Discovery.
“We need to protect cash reserves to ensure financial stability, but if we are to respond to rapidly evolving technological innovations, we can get companies with the technology.
Furukawa previously explained that Nintendo does not want to “buy companies blindly” because he does not believe it will increase the value of the entertainment the company offers.
The reason behind this, according to Furukawa, is that the next level has already been Nintendo’s development partner for a long time, and its transformation into a subsidiary will further improve the quality and speed of development.
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