Nintendo acquires majority stake in Monolith (secures future of Wii RPGs)
All those Wii and DS profits must have been burning a hole in Nintendo's pocket, because they went developer shopping and picked up Monolith Soft, effective May 1st, 80% of Monolith — creator of Xenosaga & Baten Kaitos — will be transfered from Namco Bandai to the Big N.
As reason for the move, the firm cited considerations involving the future growth of the Monolith studio and the desire to strengthen its relationship with Nintendo in the console software business.
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