Nintendo has acquired Next Level Games, the studio behind Luigi’s Mansion 3.The deal, which was made at an undisclosed amount, is set to be completed on March 1.
In an announcement from Nintendo of Japan, the deal is said to “acquire 100% of the outstanding shares of Next Level Games”, with the plan to “make it a wholly owned subsidiary” of Nintendo.By acquiring Next Level Games, Nintendo is acting to utilise the studio’s “development expertise”, as well as “facilitate an improved movement in development speed” by using its own staff to work on future titles.Very little is expected in terms of content from the studio during this fiscal year, however, the report states that “Nintendo will start reflecting the earnings forecasts with respect.
Read more on nme.com
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