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Mar1217 said:

Honestly, I'd prefer for them to continue with the contractual deals they're doing so far with multiple partners but if they were absolutely pushed to do such then I'd go with these 3 :

- Grezzo : They would basically become the "Bluepoint" studio for Nintendo doing remake of their classics and an occasional new IP when tey're given time to do so.

- Platinum Games : They're on good relations and did tons of deals with Nintendo already, I'm also pretty sure Nintendo would let them have their own artistic freedom as to what they work on (usually at their best when they work on their own IP's)

- Sega : Yup, I said it. Most of their catalog nowadays is most popular with the Nintendo & PC audiences and this would mean the acquisition of Atlus too (SMT + Persona) HAHAHAHA !!!

Also, I'd like to see them acquire or make deals with Indie studios more often like Yatch Club, Wayforward, Playtonic Games or Shi'nen !

animegaming said:
I think an acquisition of Next Level Games is pretty likely especially if Luigi's Manson 3 sells and reviews great.

Hell back in 2014, they said they are only doing Nintendo projects from now on.

http://www.nintendolife.com/news/2014/01/next_level_games_doing_only_nintendo_products_now

Nintendo at this point might as well just seal the deal and buy them out.

FloatingWaffles said:

Shin'en Multimedia

Next Level Games

I could see these 2 being acquired even though they basically work exclusively with Nintendo already just to ensure that they can't be taken away, similarly to why I think Sony finally acquired Insomniac recently, to make sure they don't risk not getting Spider-Man 2 in case anyone else buys them during this whole dev buying spree.

Platinum Games - I don't necessarily want to see PG get acquired by anyone, but should it ever happen Nintendo is definitely the best fit for them and gains the most from it. They're the most frequent collaborator with them and seem to have a great relationship, and while Sony and Microsoft usually get these types of games because they have full third party support, Nintendo doesn't so it works out for both of them. PG, whose games more often than not don't sell too well, gets secured funding to make whatever they want and Nintendo can continue to fill a crucial gap missing in their library.

Grezzo and Next Level games are already affiliates, so they are already as close as possible to being subsidiaries without actually being ones.

Shin'en and Platinum however would be pretty good fits in my opinion. However, becoming a subsidiary might clash with the studio's philosophy to create new, original IPs, and not sure if the owners of either company would want such a deal unless it would be lifesaver.