Wednesday, September 25, 2002
Nintendo Cuts Ties With Rare, Microsoft Scoops Them Up
One of the most successful partnerships in the video game industry has ended as Nintendo announced it has sold it's 49% stake in Rare Ltd, the U.K.-based game developer responsible for many of Nintendo's most highly acclaimed games including Donkey Kong Country, Goldeneye and Perfect Dark. The company wasn't idle for long, however, as Microsoft just announced it has acquired Rare in a $375 million transaction. Rare will now create titles exclusively for Microsoft's Xbox game system, including the highly anticipated sequel to Perfect Dark. ::
posted by Donald Melanson, 5:40 PM
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