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> Confirmed: Microsoft buying vacant Nintendo site
Xbox-Scene
post Jul 4 2007, 01:17 AM
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Confirmed: Microsoft buying vacant Nintendo site
Posted by XanTium | July 3 20:17 EST | News Category: Xbox360
 
From seattletimes.nwsource.com:
[QUOTE]
Nintendo of America is feeding a large chunk of land in Redmond to Microsoft, which seems to have a nearly insatiable appetite for office and parking spaces lately.
The unused, 28-acre parcel sits between Nintendo's North American headquarters and Microsoft's RedWest campus, which houses its MSN online unit.

Neither company disclosed the sales price. The property was assessed for 2008 at more than $26.5 million, according to King County records. Nintendo bought the property in 1987 for $601,277.
The transaction is set to close in mid-July.
[/QUOTE]

Full Story: seattletimes.nwsource.com

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majik655
post Jul 4 2007, 12:57 AM
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One hell of an investment Nintendo made there.

Of course it has been 20 years.



This post has been edited by majik655: Jul 4 2007, 12:58 AM
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davidbeirne
post Jul 4 2007, 12:58 AM
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next step.... BUY NINTENDO!

laugh.gif
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FCTE
post Jul 4 2007, 02:24 AM
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QUOTE(davidbeirne @ Jul 3 2007, 07:34 PM) *

next step.... BUY NINTENDO!

laugh.gif


Hell No!

Microsoft can't even keep it's own house in order, they'd run Nintendo right into the ground. Besides the Japanese would not support Nintendo like they do now if it was owned by MS and that's a huge slice of Nintendo profit.

This post has been edited by FCTE: Jul 4 2007, 02:25 AM
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0794
post Jul 4 2007, 04:32 AM
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nice plot of land in a good location - good move for MS and i am sure that nintendo will enjoy the profits...maybe an actual win-win situation...
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epsilon72
post Jul 4 2007, 07:44 AM
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QUOTE(davidbeirne @ Jul 3 2007, 05:34 PM) *
next step.... BUY NINTENDO!

laugh.gif

No thanks - that would be a very bad thing for gaming.
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The Zep Man
post Jul 4 2007, 10:01 AM
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QUOTE(epsilon72 @ Jul 4 2007, 09:20 AM) *

No thanks - that would be a very bad thing for gaming.
And Microsoft would care because...?

By the way, why is this posted in 'Xbox360 General'? It has got nothing to do with the Xbox 360 at all. dry.gif
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grim_d
post Jul 4 2007, 10:42 AM
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QUOTE(majik655 @ Jul 4 2007, 01:33 AM) *

One hell of an investment Nintendo made there.

Of course it has been 20 years.


is be happy enough to wait 20 years for 26 million laugh.gif
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ausmods
post Jul 4 2007, 11:23 AM
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Lol nice profit for Nintendo there... I dont see why this made the news tho..
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bucko
post Jul 4 2007, 12:36 PM
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1987 the year I was born ohmy.gif
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FCTE
post Jul 4 2007, 05:32 PM
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QUOTE(bucko @ Jul 4 2007, 07:12 AM) *

1987 the year I was born ohmy.gif


WHAT!?! ohmy.gif

Wow, that made me feel old, and I'm not.
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quall
post Jul 5 2007, 11:28 AM
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Honestly, I thought Nintendo would refuse to sell when I first heard the news that MS wanted to buy their land.
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g8crapachino
post Jul 6 2007, 07:31 AM
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This is simply a real estate transaction, nothing more. It has nothing to do with video games or one company taking over the other.
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