This morning, Nintendo revealed their updated annual financials, and at first glance the report did not look good. Not only did Nintendo fail to meet sales expectations for the Wii U and 3DS, but the company took $23 million in losses. Hidden deep in the pages of the report, however, was a mystery acquisition made by Nintendo. David Gibson, a gaming senior research analyst, was first to catch the detail within the report.

@Nintendo spends over US$100m on mystery tech acquisition in 4Q, no word on what it is, QOL? new hardware related? unknown

— David Gibson (@gibbogame) May 7, 2014

This giant mystery acquisition seemed to have slipped by the mainstream press; however, it will still be very interesting to see where this acquisition will ultimately lead to. E3, perhaps? Either way, it seems like had these $100 million not been spent Nintendo would have ended the year in black as opposed to red.

Written by Eli Pales

Elia Pales owns pretty much every single product Nintendo puts out, and due to his impulsive tendencies, he also tends to purchase every gaming product put out in general. When not gaming, he’s probably running cross country or writing. He makes sure to take regular gaming breaks, though.

You can follow Elia on Twitter: @Paleselan

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