Nintendo buys part of the company Cygames developing games for smartphones
Nintendo has announced their intention to join forces with Tokyo developer of online games Cygames. The purpose of the transaction is called the development of new activities and reducing dependence on sales of gaming consoles.
The manufacturer of the consoles will buy 5% of the company Cygames, known for its blockbuster «Granblue Fantasy». The transaction amount was not disclosed. Specify that Cygames is not represented on the exchange.
This summer, the partners jointly plan to release a jointly developed game «Dragalia Lost» for smartphones. First, the game will be released in Japan, Taiwan, Hong Kong and Macau first, and then in North America and Europe.