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Business deals

Nintendo to buy Luigi's Mansion developer in rare acquisition

Canada-based Next Level Games brings strength in action titles

Luigi's Mansion 3, developed by Next Level Games for the Switch console, has sold 7.83 million copies through September. (Photo courtesy of Nintendo)

OSAKA -- Nintendo will buy Canadian developer Next Level Games as the Japanese company seeks know-how on action games in an increasingly competitive industry.

The Canadian game developer will become a wholly owned subsidiary effective March 1, Nintendo said Tuesday. The deal is expected to be worth several billion yen (1 billion yen equals $9.7 million), though no official figure has been announced.

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