Facebook acquires Nintendo in US$25 billion move

Facebook acquires Nintendo in US$25 billion move


Despite a partership this morning with the Google Maps team, Ninendo is now officially a Facebook company. With disappointing sales of the Wii U, it’s no surprise that Facebook decided to pounce on the company, known for their incredibly unique and priceless IPs. The deal will include the Mario franchise, as well as many other high-profile Nintendo properties, with the concluded sale to cost US$25 billion in a mixture of cash and stock.

TechGeek has received word that Pokemon has not been included in the deal, however other sources are unable to confirm at this time. Though the deal will include all first-party properties. On his personal Facebook page, Mark Zuckerberg, Facebook CEO, was told his fans of his “delight” for the sale, claiming the sale was originally a mistake, and that the sale had gone through during a wild night of online shopping. To quote Zuckerberg, he’d “gone to the checkout without checking what was in my cart.”

Though now Zuckerberg is happy with the purchase, claiming that “moving forward, with an audience of core-gamers, we will be able to use Nintendo and Occulus to create the experiences of the future.”

Nintendo CEO Satoru Iwata was also happy with the deal, saying that “the combination of Nintendo developers and properties, with Facebook’s social power, will be a mix that’s hard to compete with.”

Stay tuned to TechGeek for more news as it comes to hand.

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