Microsoft, $MSFT, wanted to acquire Nintendo, per leaked emails seen by Forbes

9/20/2023

Microsoft, $MSFT, wanted to acquire Nintendo, per leaked emails seen by Forbes.

Additionally, a new version of the flagship Xbox Series X console, codenamed “Brooklin”, is set to release sometime in 2024 priced at $499.

In an internal email chain in August 2020 between Microsoft's current chief marketing officer Chris Capossela, commercial chief marketing officer Takeshi Numoto and Xbox boss Phil Spencer. Spencer wrote that “Nintendo is THE prime asset for us in Gaming and today Gaming is our most likely path to consumer relevance.” Spencer mentions that Microsoft is in the best position to acquire Nintendo among all U.S. companies but laments “unfortunate (or fortunate for Nintendo) situation is that Nintendo is sitting on a big pile of cash.”

Later in the email chain Spencer wrote: “At some point, getting Nintendo would be a career moment and I honestly believe a good move for both companies. It's just taking a long time for Nintendo to see that their future exists off of their own hardware. A long time.... :-).”

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