Nintendo to acquire visual production firm Dynamo Pictures
Company to be renamed Nintendo Pictures and work on "visual content utilising Nintendo IP"
Nintendo is set to acquire Japanese CG production company Dynamo Pictures for an unknown sum.
In its announcement (via Eurogamer), the platform holder said it's entered an agreement to acquire 100% of the outstanding shares in the Tokyo-based studio, and make it a wholly owned subsidiary.
The deal is expected to close on October 3, 2022, what the company then due to be renamed Nintendo Pictures and "focus on development of visual content utilising Nintendo IP."
Nintendo noted that the acquisition will "only have a minor effect" on its financial results for the fiscal year.
Dynamo Pictures was founded in 2011, and has produced visual content for the likes of Persona 5, Final Fantasy 13-2 and Metroid: Other M, Eurogamer reported.
It's Nintendo's second acquisition this year, as the platform holder purchased long-running partner studio SRD in February.