M is for money

Nintendo has just confirmed the acquisition of the Paris-based video technology company MobiClip. It has provided video content for various titles on Game Boy Advance and more recently DS, most famously in the Professor Layton series.

The company has specialised in delivering high-quality video to a number of devices, ranging from PCs to mobile phones, while ensuring that battery, memory and processor consumption is kept to a minimum. Not only has MobiClip successfully brought high quality animations to the humble DS cart, but it also launched the first ever iPhone live-TV application back in 2008.

According to Gamasutra, this takeover was actually completed in October last year, but Nintendo only confirmed the news today. This seems to be a smart move, as MobiClip's video compression technology will more than likely be put to good use on both 3DS and Wii U.

[source gamasutra.com]