Nintendo Acquires Next Level Games

Nintendo acquired Next Level Games, the developer of Luigi’s Mansion game.
Nintendo announced that it has acquired Next Level Games, an independent video game developer, a Canadian studio with a history of partnership with the Japanese giant. The announced acquisition is expected to be fully finalized on March 1, with regulatory and shareholder approval.
The acquisition, according to the announcement, came as Next Level Games shareholders started looking for potential buyers. Nintendo has launched initiatives to acquire Next Level Games to secure development resources as well as to increase communication between the two companies and potentially accelerate development in other games by enabling staff exchange. As a result, the parties agreed and Nintendo incorporated Next Level Games.
Founded in 2002, Next Level Games has worked with Nintendo in the past. As a result of these efforts, the company took over the Nintendo 3DS and Nintendo Switch-powered “Luigi’s Mansion” game. Next Level Games developed Luigi’s Mansion 3, the third game in the series.
The Canadian team also developed Punch-Out’s Wii series. Mario Strikes games and arcade football games featuring characters from the Mario universe were also developed by the studio. Apart from these, Next Level Games has also worked on several small projects such as Captain America: Super Soldier, which was released by Sega on PlayStation 3 and Xbox 360, in addition to its work with Nintendo.
Finally, it should be noted that it is not disclosed how much the purchase was made for. However, this cost can arise when it affects Nintendo’s financial results at the end of the year.