Microsoft Was Laughed at When It Offered to Buy Nintendo

June 2024 · 2 minute read

Nintendo is among the most a hit video game firms available on the market at the moment — however does Disney (or every other company) personal it?

Source: Nintendo

Prominent video game company Nintendo has been making games for the reason that late 1800s. Originally founded in 1889 to produce hanafuda playing playing cards, the corporate became one of the vital earliest in the video game business with the discharge of the Color TV-Game in 1977.

Nintendo has change into a household identify and more than 100 million Switch consoles had been sold since the console was released in 2017. But is Nintendo owned by way of any other company, like Disney?

Does Disney personal Nintendo?

While Nintendo has incessantly been thought to be the "Disney" of video video games, this does not imply that the company is owned by means of Disney. While the media conglomerate may be at the back of some big video game franchises that have been to be had on Nintendo consoles, like the Kingdom Hearts games, Disney does now not personal Nintendo.

Nintendo is known for its plethora of family-friendly games. While the 2 companies have identical audiences, neither one owns the other.

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Who owns Nintendo?

Companies have tried to acquire Nintendo sooner than, even though none have come shut to a a success take care of the Japanese corporate.

In 1999, Microsoft attempted to purchase Nintendo (handiest a few years sooner than Xbox would hit the market). According to Bloomberg, two executives approached Nintendo with an be offering: Microsoft would acquire Nintendo, and whilst Nintendo would continue to create video games, Microsoft would manufacture all the corporate's hardware.

"We actually had Nintendo in our building in January 2000 to work through the details of a joint venture where we gave them all the technical specs of the Xbox," former head of business construction Bob McBreen said. "But it didn’t work out."

"They just laughed their a--es off," former Microsoft third-party family members head Kevin Bachus instructed Bloomberg. "Like, imagine an hour of somebody just laughing at you. That was kind of how that meeting went."

While different corporations have attempted to purchase Nintendo over the years, the Japan-based online game company continues to grasp its personal and has refused any strive to be bought by way of other builders — and with the success Nintendo has noticed with the Switch, it turns out like that won't exchange anytime quickly.

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