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I hate to say it, but the only third party dev worth owning for Nintendo would be Square-Enix. Japanese devs have really fallen off a cliff.

Even Capcom is somewhat moot as Nintendo has Monster Hunter under their wing now (and given the Vita's performance, that's not unlikely to be going anywhere) and had Resident Evil exclusivity before and it didn't do much.

For Nintendo to buy Sega it would have to be a "Sammy wants to dump Sega and is willing to basically gift them to Nintendo at a bargain price" type thing.

If this were to happen, I'd basically make Toshihiro Nagoshi the lead of the Sega-Nintendo division and bring back Yuji Naka to the company (the other Sonic creator already works at NST for Nintendo).