In a surprising revelation from the US Federal Trade Commission's documentation related to Microsoft's bid to purchase Activision Blizzard, an email by Microsoft's gaming CEO, Phil Spencer, details a speculative plan to acquire Nintendo.
The now-public email sent on August 6, 2020, was directed to Microsoft's chief marketing officer Chris Capossela and commercial chief marketing officer Takeshi Numoto.
Initiating the discourse, Spencer recognized Nintendo as a "prime asset" and emphasized Microsoft's unique position to negotiate, thanks to their association with San Fran investment fund ValueAct. ValueAct had been actively buying stocks in Nintendo at the time as part of its attempt to influence the company's board to consider an acquisition proposal.

Significantly, Spencer pointed out that Microsoft's history of conversations and collaborations with Nintendo's put it at an advantageous position among US companies to collaborate with the Japanese giant. However, he also acknowledged Nintendo's strong financial standing and a historically non-aggressive board as potential roadblocks to a near-term merger.

