Nintendo has acquired Next Level Games, the developer of Luigi’s Mansion 3 that launched for the Nintendo Switch in 2019.
In a press release that the company shared on their official website, it was revealed that they have acquired the Canadian gaming developer Next Level Games. For those who don’t know them, they have worked on Luigi’s Mansion 3 recently while their past work includes Metroid Prime Federation Force, Luigi’s Mansion 2: Dark Moon, and Captain America Super Soldier among other games.
In the press release, Nintendo stated that this “acquisition will have only minor effects on Nintendo’s results for this fiscal year. Nintendo will start reflecting the earnings forecasts with respect to NLG for the next fiscal year and thereafter.”
The acquisition will complete on March 1, 2021. Here is a detailed overview of this acquisition from the press release shared by the company
NLG is a video game development company based in Vancouver, Canada which has nearly two decades of experience creating video games for various console platforms. More recently, NLG has worked exclusively with Nintendo in developing software titles for the Nintendo 3DS and Nintendo Switch systems, including titles in the critically acclaimed Luigi’s Mansion series of video games.
NLG’s shares are currently held entirely by its owner-directors and employees. A number of owner-directors recently determined that the time is right for them to sell their shares, and NLG therefore began exploring potential sale transactions. Completion of the Acquisition will serve to secure the availability of NLG development resources for Nintendo, including development expertise, as well as facilitate an anticipated improvement in development speed and quality by enabling closer communication and exchange of staff with the Nintendo development team.
Luigi’s Mansion 3 was released on October 31, 2019, exclusively for the Switch.