25-08-2016 10:32
Nintendo announced today that it will acquire 70 percent of JESNET, a distributor in Japan. JESNET will now become a subsidiary as well.
Nintendo will be paying $47 million for the transaction. The plan is for JESNET to become a subsidiary in April.
The move will also see JESNET working together with AJIOKA, which is in the video game wholesale business.
It’s worth noting that JESNET has been distributing physical Nintendo products in Japan for many years. the last years, was founded in 1952 and has 80 employees.
Today’s full announcement can be read here.
Fuente
Nintendo will be paying $47 million for the transaction. The plan is for JESNET to become a subsidiary in April.
The move will also see JESNET working together with AJIOKA, which is in the video game wholesale business.
It’s worth noting that JESNET has been distributing physical Nintendo products in Japan for many years. the last years, was founded in 1952 and has 80 employees.
Today’s full announcement can be read here.
Fuente