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_modificationDate | Datetime | 2024-12-11 2:04:07 PM |
_pageID | Integer | 8,158 |
_pageName | Page | Nintendo Acquires Monolith Soft |
_pageTitle | String | News/Nintendo Acquires Monolith Soft
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_pageNamespace | Integer | 0 |
"News" values
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image | File | | |
image_alt | String | | |
tags | List of String, delimiter: , | | Nintendo |
targets | List of Page, delimiter: , | | |
date | Datetime | | 2024-12-11 2:00:27 PM |
author | Page | | Dante Uzel |
category | List of String, delimiter: , | Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · More | Business |
game | List of String, delimiter: , | Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift | |
content | Text | | Monolith Soft was founded by Hirohide Sugiura, Tetsuya Takahashi, and Yasuyuki Honne, with financial backing from Namco (now Bandai Namco), to develop Xenosaga, a spiritual successor to Square's Xenogears. In 2007, Nintendo acquired an 80% stake in Monolith Soft from Namco, increasing its share to 96% by 2011.
'''More:'''[[News/Nintendo Sues Yuzu|Nintendo Sues Yuzu]]
For years, the studio’s founders maintained a symbolic 4% ownership of the company, which remained unchanged until recently. While it’s unclear exactly when this occurred, it appears that Nintendo has now acquired the remaining shares. As of March 2024, Monolith Soft's company brochure still listed the founders’ 4% stake, but the developer's website now indicates that Nintendo fully owns all 2,400 shares of the studio. |
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source | Page | Games Industry |
url | String | https://www.gamesindustry.biz/nintendo-acquires-remaining-shares-of-monolith-soft |