The alliance of Nintendo and DeNA increased the value of the companies by $ 6 billion

Recently, Japanese companies Nintendo and DeNA announced the beginning of cooperation. Investors reacted to the news instantly: the value of the shares of both companies increased significantly.

Nintendo shares rose 32%. DeNA, as the “weaker” of the two partners, won more – its shares rose by 49%. This, according to preliminary estimates, raises the market value of companies by $5 billion and $805 million, respectively.

Chart showing the dynamics of the growth of Nintendo shares over the past monthChart showing the dynamics of the growth of Nintendo shares over the past month

No matter how controversial the cooperation may be, the first results so far are in his favor.

A source: http://www.pocketgamer.biz

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• DeNA is one of the largest gaming companies in Japan.

It became popular in the mid-noughties by launching the Mobage gaming platform. Today it is one of the monopolists of the mobile market in the Land of the Rising Sun. Without cooperation with Mobage a year or two ago, it was difficult to reach the Japanese top.

Nintendo is a Japanese company specializing in the creation of video games and game consoles. Founded in 1889 in Kyoto, originally specialized in the production of playing cards. One of the most famous projects of the company is the Mario Bros. franchise.