Nintendo is seeking to buy up one of their former partners, Rare, from Microsoft according to rumors. Rare has been with Microsoft since 2002 in where Tim and Chris Stamper sold their 51% stake in Rare Software. Thus leading to Microsoft owning 51% of the company and Nintendo owning 49%. Nintendo quickly sold their share to Microsoft because they no longer had exclusive rights to the company's software.
But Rare is dead, right?
That is correct. Seems like Nintendo is only seeking to buy Rare up for their IPs.
"According to the tipster, Nintendo is in direct negotiations with Microsoft to buy RARE, though the purpose of buying them seems to be all based around getting the rights to Banjo and Kazooie. Of course, we can't forget the other key franchises Nintendo gets with the acquisition. Conker's Bad Fur Day may have been shunned by Nintendo, but a sequel to that game should be embraced by the Nintendo brass if they want the Wii U to really be for everyone. Of course, this rumor doesn't stop there - it goes as far as to suggest that Retro Studios is actually deep into development on a Banjo and Kazooie title, and that the talks with Microsoft have been ongoing for some time."
Maybe even?
http://www.zeldainformer.com/news/comments/rumor-nintendo-attempting-to-negotiate-its-way-into-ownership-of-banjo-and
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