Nintendo to form Nintendo Pictures after latest acquisition | Digital Trends

  • 📰 DigitalTrends
  • ⏱ Reading Time:
  • 66 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 65%

Business News News

Business Business Latest News,Business Business Headlines

Nintendo is acquiring DynamoPictures and will rebrand it to NintendoPictures once the acquisition is complete.

Nintendo has announced that is acquiring the CG production company Dynamo Pictures and is renaming it Nintendo Pictures.

Nintendo’s acquisition notification explains, “Nintendo has decided to acquire 100% of the outstanding shares of Dynamo Pictures and make it a wholly subsidiary to strengthen the planning and production structure of visual content in the Nintendo group.” The deal is expected to close on October 3, 2022, as long as all parties are satisfied with the terms and closing conditions. The notification also states that the acquisition will only have a minor effect on Nintendo’s current fiscal year. Obviously, with Dynamo’s name changing to Nintendo Pictures, the production company will now be focusing on Nintendo IP.

According to Dynamo’s website, the company has done CG work on properties like Ghost in the Shell and Kingsglaive Final Fantasy XV. Of course, Dynamo can help out in the video game department as well. Its past motion capture work includes big titles such as Persona 5, Death Stranding, Nier Replicant, Monster Hunter World, and Monster Hunter Stories.

Nintendo is rather quiet about its acquisitions compared to Sony and Microsoft. While Microsoft made a big splash acquiring Activision Blizzard and Sony shook the industry by purchasing Bungie, Nintendo’s previous acquisition earlier this year was a lesser-known studio called Systems Research and Development.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 95. in BUSİNESS

Business Business Latest News, Business Business Headlines