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Randy cleared this up in a recent interview -

http://www.glixel.com/interviews/randy-pitchford-on-switch-overwatch-and-being-fearless-w462836

There's more but here's the important part -

Somebody asked me, "Hey, is there any chance of Borderlands coming to the Switch?" and I said "Probably not." I don't remember my exact words, but [I said] we were talking to them, but I think they have other priorities. And it's not a slight, they've got to drive their business. Nintendo tends to be at their best when they're giving us their best experiences with their properties. I think there might be some scenarios where if the Switch becomes a place where there's a huge number of customers, and it doesn't compromise the experience that we're making – there could be a scenario where us or Take-Two and 2K decide to take the effort to make it happen. But we can't really think about that right now. And Nintendo, I think wisely, can't prioritize forcing that to happen. I think they're better off. What it would take for them to guarantee that we exist on the Switch would be better spent by them doing the things they're best at. It wasn't meant as a slight, it's just the reality of priorities.