Today Nintendo announced it‘S Acquisition of long-term partner SRD (Systems Research and Development), a company that has helped program some of the company’s most well-known games, including Super Mario Bros.
Nintendo acquired 100 percent of SRD’s outstanding shares for an undisclosed sum, making the studio a wholly owned subsidiary.
“SRD is a development company that has been closely involved in the development of Nintendo video game software for almost four decades,” Nintendo said in an official statement. Founded in 1979, SRD began working with Nintendo on the Famicom, helping to program not only the console version of Donkey Kongbut also Super Mario Bros. The studio was reportedly involved in almost all of them zelda Game and recently edited Ringfit adventure and Animal Crossing: New Horizons.
Although it’s not public exactly known You can see a list of titles for how many games SRD has worked on here.
“The completion of the acquisition (excluding treasury shares) will serve to strengthen SRD’s management base and ensure the availability of software development resources for Nintendo, in addition to facilitating an expected improvement in software development efficiency,” Nintendo added.
Earlier this month, Nintendo President Shuntaro Furukawa was questioned about acquisitions made in the wake of Microsoft’s and Sony’s last moves.
“Our brand has been built on products made with passion by our employees, and it would not be a plus to have a large number of people in our group who don’t have Nintendo DNA,” Furukawa said answered then. In view of this, the purchase makes perfect sense. SRD isn’t just a long-standing partner, it’s a big part of Nintendo’s console history.
The acquisition is expected to close on April 1, when the new fiscal year begins in Japan.
