Technology

57472 readers

3665 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

165

Leaked Microsoft Email Reveals Xbox Boss Phil Spencer Really Wants to Buy Nintendo - (www.ign.com)

submitted 11 months ago by [email protected] to c/[email protected]

53 comments fedilink hide all child comments

Leaked Microsoft Email Reveals Xbox Boss Phil Spencer Really Wants to Buy Nintendo -::Xbox boss Phil Spencer outlined his desire to buy Nintendo in a leaked email sent in 2020.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 56 points 11 months ago* (last edited 11 months ago) (2 children)

Quote from the article:

However, Spencer outlined a number of blocks on the merger, including the fact Nintendo seemed uninterested in selling up. Nintendo is “sitting on a big pile of cash”, Spencer said, and was apparently happy with its current position. As a result, Spencer said he couldn’t “see an angle” on a buyout in the short term, adding: “I don’t think a hostile action would be a good move… so we are playing the long game."

So its never happening and it's at best delusional. Got it.

[–] [email protected] 30 points 11 months ago (1 children)

Better article.

It’s much worse, they are buying up shares to take them over, so it’s been happening for a while.

"I say "until recently" as our former MS BoD member ValueAct has been heavily acquiring shares of Nintendo and I've kept in touch with [ValueAct CEO] Mason Morfit as he's been acquiring. It's likely he will be pushing for more from Nintendo stock which could create opportunities for us.

"Without that catalyst I don't see an angle to a near term mutually agreeable merger of Nintendo and MS and I don't think a hostile action would be a good move so we are playing the long game. But our BoD has seen the full writeup on Nintendo (and Valve) and they are fully supportive on either if opportunity arises as am I."

Weird how the OC article doesn’t even have that full quote.

[–] [email protected] 19 points 11 months ago

Yikes, thanks for sharing. Maybe it's time for some Nintendo shareholders to ensure it doesn't become an annoying add on for Xbox. Or not, they may just take the cheques.

[–] [email protected] 11 points 11 months ago* (last edited 11 months ago)

"Video games? Never played one. I play the only real game: "Gittin' That Cash." They got it, I want it."