Fusioncode said:
Nintendo had no part in it. Rare was the one searching for a buyer because Nintendo didn't want to give them more money. Microsoft did. In the end, Nintendo let Rare keep all their IPs as a sign of good faith. |
This is not exactly accurate. Nintendo and Rare had a deal, in the mid-90s, Nintendo had bought a 49% stake in Rare.
The Stampers controlled the other 51%. Fast forward to 2002 and the Stampers were looking to retire, so they went to Nintendo first to sell them the remaining 51%.
Nintendo refused, that's when the open bidding began. Microsoft paid a ton of money for Rare, they sure as hell were going to get all the non-Nintendo IPs (IIRC initially Nintendo tried to have that not be the case, but MS was offereing so much money, that it wasn't an option).







