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"MS attempt to buy out Nintendo!"

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Mon 29/04/02 at 21:42
Regular
Posts: 787
Read this, its from "The Spark":

"A new book by Dean Takahashi, entitled Opening the Xbox: Inside Microsoft`s Plan to Unleash an Entertainment Revolution, reveals details of Microsoft`s intentions to buy out Nintendo, and kill off the GameCube, known then as Project Dolphin.

In the recently released book, Takahashi claims that Nintendo`s US president Minoru Arakawa admitted to him that a possible $25 billion buy-out deal was being talked about between the Japanese gaming firm and Microsoft. Arakawa said: "We weren`t sure what to think when Microsoft made the offer. In fact I was surprised - we didn`t need the money. I thought it was a joke."

However, the business savvy types at Nintendo went to at least six or seven meeting, bearing in mind a proposition by one of the world`s biggest organisations is nothing to ignore or take lightly. "The meetings went on through the winter of 1999," the book reveals, although eventually they were called to a halt when Nintendo chief executive Hiroshi Yamauchi intervened.

The reason behind calling it all off? According to Arakawa, "It became clear that our objectives and their objectives were not the same."

The attempted Nintendo buyout follows a similar attempt by MS to do the same with Sega, following the two firms' collaboration to provide Dreamcast with the Windows CE operating system. The buyout attempts now lend to speculation that Microsoft may have been reluctant to enter the games market alone - something it eventually was forced to do.

Just imagine - a few twists in the time/space continuum and we could have ended up with the MicroTendo XCube. The mind boggles."

Cheeky buggers!
There have been no replies to this thread yet.
Mon 29/04/02 at 21:42
Posts: 0
Read this, its from "The Spark":

"A new book by Dean Takahashi, entitled Opening the Xbox: Inside Microsoft`s Plan to Unleash an Entertainment Revolution, reveals details of Microsoft`s intentions to buy out Nintendo, and kill off the GameCube, known then as Project Dolphin.

In the recently released book, Takahashi claims that Nintendo`s US president Minoru Arakawa admitted to him that a possible $25 billion buy-out deal was being talked about between the Japanese gaming firm and Microsoft. Arakawa said: "We weren`t sure what to think when Microsoft made the offer. In fact I was surprised - we didn`t need the money. I thought it was a joke."

However, the business savvy types at Nintendo went to at least six or seven meeting, bearing in mind a proposition by one of the world`s biggest organisations is nothing to ignore or take lightly. "The meetings went on through the winter of 1999," the book reveals, although eventually they were called to a halt when Nintendo chief executive Hiroshi Yamauchi intervened.

The reason behind calling it all off? According to Arakawa, "It became clear that our objectives and their objectives were not the same."

The attempted Nintendo buyout follows a similar attempt by MS to do the same with Sega, following the two firms' collaboration to provide Dreamcast with the Windows CE operating system. The buyout attempts now lend to speculation that Microsoft may have been reluctant to enter the games market alone - something it eventually was forced to do.

Just imagine - a few twists in the time/space continuum and we could have ended up with the MicroTendo XCube. The mind boggles."

Cheeky buggers!

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