Nintendo Buys Out Mobiclip

The video codec company Mobiclip has become a subsidiary of Nintendo, as announced on the company's website today. The company was previously known as Actimagine, and their video compression software has used in the making of games for the Game Boy Advance, DS, and 3DS handhelds, not to mention their software is on several PC and mobile operating systems.

Other than Nintendo, notable Mobiclip clientele includes Sony and Fisher-Price

 What's this mean for Nintendo? Well, it could mean they will soon have exclusive rights to Mobiclip's video compression software (which had been popular for its quality and efficiency), or they will now get some of their profits. Though knowing Nintendo, it means they have something video-related up their sleeve. Mobiclip's website has noted that the company is looking for a "console software engineer", so something's definitely up. It's great to see a new addition to Nintendo, and I can't wait to see what will come of it!