TIL that Microsoft tried to buy Nintendo for 25 billion dollars in 1999
When Microsoft offered the deal back in 1999, former president of Nintendo America, Minoru Arakawa, originally thought that this was a joke, but once Microsoft had detailed their intentions Nintendo was taking the offer seriously and the discussions began in Japan and lasted over 6-7 meetings. Microsoft's deal was that Nintendo would stop making consoles and instead make games for the Xbox. But in the end Nintendo's CEO at the time, Hiroshi Yamauchi didn't like the idea and believed that Microsoft lacked the understanding of the industry. The chances of the offer being taken died shortly before the GameCube's launch.