ZOMG! Moment – Nintendo Acquires Monolith Soft

In a stunning move, Nintendo has purchased Xenosaga developer, Monolith Soft, from its previous majority shareholders, Namco Bandai. Nintendo, now the majority shareholder, owns 80% of the company’s stock, while Namco Bandai still owns 16% of their previous 96% shareholdings.

Holy snap. Wii gets itself some RPG pron.

For Nintendo fans, this is a moment for much rejoicing. Previous Nintendo consoles (N64-era and up) have had very little RPG support, with many RPG fans jumping ship to Nintendo’s rival, the Playstation. By bringing on-board one of the premier Japanese RPG developers, Nintendo is poised to take back the RPG crown that it lost after the SNES days.…