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Cisco Eyeing Tivo/Nintendo for Buyout?

We've already covered Cisco's push into the home electronics market, but CNet is reporting that they may be planning even bigger purchases to come. The article speculates that Cisco may be planning on purchasing Tivo or Nintendo to add to their growing portfolio of companies. From the article: " Another possible acquisition candidate for Cisco is Nintendo, the No. 3 game console maker in the U.S. A stretch? Not really. Microsoft, which is emerging as a key competitor to Cisco in the home entertainment market, is already in this market with the Xbox 360. Gaming has already proved to be a strong application for broadband, so it makes sense that Cisco would want to own a game device to help drive more traffic on its network. With its popular GameBoy product, Nintendo would also provide Cisco an entree into the mobile-handheld market." Some commentary at GameDailyBiz, which finds it unlikely that Nintendo would sell to Cisco.

4 of 216 comments (clear)

  1. Re:Nintendo stands strong? by Nintendork · · Score: 4, Informative

    No, here's what happened. Someone informally asked Bill Gates asked if he would buy Nintendo, given the opportunity. He said he would. Nintendo got a little upset when the press went crazy with rumors. Welcome to the video game industry where for every true rumor, there's a hundred false ones. Regardless, I do find it amazing how opinion can influence memory.

  2. Re:Too Big? by bookemdano63 · · Score: 5, Informative

    Market Capitalization-
    Cisco= $114 billion- http://money.cnn.com/quote/snapshot/snapshot.html? symb=CSCO

    Nintendo= $18.5 billion- http://www.gamasutra.com/php-bin/news_index.php?st ory=7930

    I don't think Nintendo is going to buy Cisco.

  3. Re:Nintendo of America by mausmalone · · Score: 4, Informative
    If Nintendo does sell to another company ...
    Just stop right there, really. Nintendo has been surrounded by rumors of a buyout ever since the NES was released. All of the rumors are crap, and Nintendo themselves have countless time reaffirmed that they'd go out of business before they sell the company.

    Part of it is the pride they have in being an independent company since 1889. In Nintendo's eyes, Cisco is a fucking infant.
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  4. Re:Wont happen by mausmalone · · Score: 4, Informative
    Nintendo is a 107 year old company...
    Minor correction. Nintendo is 117 years old. I know it was probably just a math fluke, but here's some trivia for others: Nintendo was founded in 1889 and manufactured Hanafuda trading cards. Replicas of these cards are on display at the Nintendo World Store in NYC. The GameBoy was released in 1989 as part of Nintendo's 100th anniversary celebration. For more info check out the Wikipedia entry.
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    I'd rather be flamed than ignored.