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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.
As someone who has been working in Japan for several years, in the game industry, I cant begin to explain how ridiculous this sounds.
Nintendo is a 107 year old company. It has been lead by the same family for generations, and their mployees are extremely proud. They were there before video games existed, and they most likely will be there long after video games are gone.
I am not sure if its a cultural thing, but the assumption that everything is for sale is quite irritating.