In a recent email exchange, Phil Spencer, the head of Xbox at Microsoft, expressed his desire to acquire Nintendo, calling it a “career moment” for him. However, it seems that Nintendo is not interested in being bought out by the American tech giant.
Spencer mentioned in the email that he believes Nintendo is the prime asset for Microsoft in the gaming industry. He has had numerous conversations with the leadership team of Nintendo about tighter collaboration. Despite Microsoft being in the best position among US companies to have a chance with Nintendo, the Japanese company has not shown interest in a merger.
One factor that may change the situation is the recent acquisition of Nintendo shares by Mason Morfit, a former Microsoft board member. Spencer believes that Morfit’s push for more growth and stock appreciation in Nintendo could create opportunities for Microsoft. However, without this catalyst, there may not be a near-term possibility of a merger.
Microsoft’s board of directors is fully supportive of the potential acquisition of either Nintendo or Valve, another major player in the gaming industry. Spencer values the ongoing discussion and sees getting Nintendo as a career-defining moment for both companies. However, he acknowledges that Nintendo needs to recognize that their future lies beyond their own hardware.
Despite Microsoft’s interest, a hostile acquisition is not seen as a favorable move. Instead, they are playing the long game and hoping for an opportunity to arise in the future.
Overall, Microsoft’s Phil Spencer is keen on acquiring Nintendo, but it seems that the Japanese company is not currently open to the idea. The potential for collaboration and growth between the two gaming giants remains uncertain.
Definition:
– Acquisitions: The act of one company purchasing another company.
– Merger: The combination of two companies to form a single entity.
– Catalyst: An event or factor that causes change or action to occur.
Source: Internal email exchange revealed as part of the proposed Activision-Blizzard merger.
