Rare Ltd. Talks About Microsoft Mismanagement

[IamAwsome]

Goatseye said:

Chandler said:

Somini said:

 

It was a sad day in the early 2000s when Microsoft bought out childhood-memory-makers Rare Ltd.

Never forget. Never touch (console) Microsoft.

Why didn't Nintendo buy them?

Before the buyout, Nintendo owned 49% of Rare. The Stampers owned the rest. The Stamper bros. were ready to retire, and they wanted Rare to be wholly-owned. They went to Nintendo first, and their asking price was way too high, so Nintendo told them to find another buyer. Activision and MS both offered, and MS offered up the most money (much more than Rare was worth imho). Nintendo and the Stampers sold their shares to MS for that ridiculous price and the rest was history. There wasn't any bad blood or anything. The Stampers didn't actually leave Rare until 2008 or so.