BusinessInsider sat down with Joshua Kennedy of Sonian Capital Management to discuss Nintendo’s current situation and how Nintendo’s mobile initiative could be a helping hand for the company. However, Kennedy also had some interesting remarks to say about acquisitions.
Joshua Kennedy does not believe Nintendo can be acquired, nor does he feel that the company wants to acquire others. While he believes Nintendo has no issue with partnership deals, such as the mobile alliance with DeNA, he feels Nintendo prefers to be independent and work on their own IPs. Kennedy does explain that the opportunity is there for Nintendo to make acquisitions of their own. Nintendo has more than enough capital to acquire companies such as Capcom or Square Enix. The money is there, but Nintendo is just not interested at this time.