An internal email from Phil Spencer, the head of Xbox, has revealed that Microsoft was exploring the possibility of acquiring Nintendo. The email, which was leaked as part of the FTC Vs. Microsoft case, provides insight into Spencer’s thoughts on the potential acquisition.
In the email, Spencer expresses that acquiring Nintendo would be a significant career moment and believes it would be beneficial for both companies. However, he acknowledges the challenges of such an acquisition, recognizing Nintendo’s large cash reserves. He also mentions that ValueAct, a former member of Microsoft’s board of directors, has been acquiring stock in Nintendo, suggesting potential opportunities for Microsoft.
Despite his enthusiasm, Spencer emphasizes that a hostile takeover would not be a wise move and that an acquisition would require a key catalyst. He ends the email by suggesting that Nintendo needs to realize that their future goes beyond their own hardware, a statement that seems peculiar given the success of the Nintendo Switch at the time.
It is worth noting that Microsoft previously approached Nintendo with a buyout offer before the launch of the original Xbox, which Nintendo reportedly found amusing.
While Spencer’s email offers a glimpse into the discussions within Microsoft, it is unlikely that Nintendo will be acquired in the near future. The leaked email raises interesting questions about the possibilities of collaboration and consolidation within the gaming industry.
- Tom Warren, Twitter