Nintendo enters the acquisition game with a long-awaited purchase

Nintendo of Japan announced the acquisition of SRD Co. LTD this week, after having recently confessed a desire to take on more assets. However, unlike other recent industry takeovers, this move was a long time in the making, with SRD working hand-in-hand with Nintendo for almost forty years on some of their most popular franchises. 

We don’t know exactly what the Nintendo acquisition of SRD means for the future of either company. Still, notes from the official press release seem to hint at this being a way of strengthening the Japanese giant’s software development team, as well as bolstering the reputation of SRD. It’s also worth mentioning that neither company has stated how much the deal is worth, but there’s a good chance we’ll know more when the takeover concludes on April 1st. 

It makes sense for Nintendo to make the most of its recent successes, such as the 100 million Switch sales milestone, by expanding its company with those that have provided them with years of quality service. SRD isn’t the first smaller developer to be picked up by the Mario monolith in the last couple of years, and it now finds itself sharing a mother company with Next Level Games, the developer of the upcoming Mario Strikers title. 

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• Source: https://www.pockettactics.com/nintendo-acquisition