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Nintendo Buys Stake in Niconico Parent Dwango

posted on by Egan Loo

Businessweek reported on Friday that Nintendo acquired 612,200 shares in Dwango, the Japanese company whose subsidiary Niwango operates the Niconico video streaming service. Nintendo's stock rose 5.15% to close at 13,070 yen, the highest since August 6.

[Via Siliconera]


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