Discussion in 'Industry News' started by HardwareHeaven, Dec 15, 2002.
Interesting article over here at gamecube europe
OMG NO! Long live SONIC!!! :'(
Now that's some happy news for a soon-to-be gamecube owner!
Um....nintendo bought sega like 2 years ago.....
No they didn't.:hmm: It was a rumor.
Its very sad that a company has to buy out other companies just to get more money, even though it already has a ton of it.
I am IMMENSELY OVERJOYED that Namco backed out, cuz I absolutely loved Xenogears and am anticipating the Xenosaga series on PS2 and, if it would appear on Gamecube rather than PS2, I would be very inclined to murder somebody! (Ok, I guess I went a bit far there...)
i hope its true
This would really suck if true.
Mega Man X, X2, X3 - rollz!
probably be better in gaming forum....
From CBS Marketwatch, 16 DEC 17:58ET :
"Video-game industry analysts stoked speculation of a possible buyout Capcom Co. by Nintendo Co., one of the world's top three game-console makers.
The sector is ripe for consolidation, and a Capcom buyout would substantially boost Nintendo's position, said James Lin, an analyst with Jeffries & Co. "All of these companies are up for sale, except Microsoft (MSFT: news, chart, profile) and Sony (SNE: news, chart, profile)."
Analysts said Japan-based Nintendo is expected to make a major announcement Tuesday. Officials at both Nintendo and Capcom, of Osaka, Japan, declined comment.
Nintendo could use Capcom's software to drive buys of its lagging GameCube console.
GameCube is second worldwide but ranked behind Microsoft's Xbox and Sony's PlayStation 2 in the United States, said analyst Paul Kaump, of Doughery & Co. LLC.
Nintendo has suffered because its game software -- Pokemon, Super Mario and Donkey Kong -- cater to younger children. "They are trying to shake their image a little bit and attract older gamers," Kaump said.
Capcom, which has created game franchises such as Street Fighter and Resident Evil, would be a logical buy for Nintendo, analysts said.
"Nintendo has to do something to beef up its software," said analyst Shawn Milne of SoundView Technology."
sad news for Playstation2 owners.
Separate names with a comma.