Nintendo confirms it spent $150 million on new tech for a non-Japanese, non-games company

Posted under General Nintendo, News
May 8, 2014 by (@NE_Brian)
nintendo-1

Yesterday, we heard that Nintendo spent over $100 million on a mystery tech acquisition sometime during Q4. Analyst David Gibson now shares a tiny bit of extra information.

According to Gibson, the total amount spent by Nintendo is actually over $150 million. He additionally noted on Twitter that it’s not related to Tomita Tech. And the most important nugget: the acquisition was apparently for a non-Japanese, non-games company.

Source


More:

  • D2K

    Non-Japanese company eh? Hmm. See this is the type of stuff that Nintendo needs to do. Hopefully the start of more business relationships with non-Japanese companies.

  • Edgarska

    They bought Segway. You heard it here first folks.

    • D2K

      That would kinda go against Nintendo’s fitness initiative wouldn’t it?

  • Nocturne

    cellphone technology to turn the 4ds into a phone?

    • D2K

      You are are hung up on the ’4DS’ thing aren’t you? :)

      • Nocturne

        maybe start with the 5ds then add a 4ds later

  • Thomas_NE

    I’m really afraid Nintendo is going back to the Blue Ocean strategy, now that the “back to videogames” thing isn’t working out as well for them =/

    • superphillip32

      I don’t think it needs to be one or the other.

    • Billyd

      They were always about the games, thats what the Wii was, the almost near perfect system for everyone (which is what the Xbox 360 and PS3 and every console) aspired to be. Great 1st party, great 3rd party exclusives, new ways to play.

      The Wii U is great, but they need to keep that momentum, and they need to advertise their games in the mainstream. Stunts like the Best Buy and Smash Tournaments are a good start to penetrate the mainstream market, Along with flashier advertising to all ages like the Wii did… More use of the Gamepad needed too, like Zombie U type of stuff…

  • henrik

    I would hope it’s Blackberry.

  • Zuxs13

    now does this count towards their “operating losses” since its money spent? if so that’s a huge chunk out of their losses, meaning they aren’t in the hole as bad.

    • TalesOfBS

      They spent a lot of money expanding, building the new development center, adapting everything else to HD development and now this. Even Intelligent Systems got a new HQ. And they aren’t loosing money from hardware anymore.
      It is starting to look like they aren’t in red actually.

Links:ray ban femmeray ban femmeray ban pas cherray ban pas cherray ban clubmasterray ban aviatorray ban pas cherray ban pas cheroakley pas cheroakley pas cheroakley pas cheroakley hommeJordan Retro 1 for cheap
©2014 Nintendo Everything