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Capcom Signs Licensing Agreement with Nintendo.


SUNNYVALE, Calif.--(BUSINESS WIRE)--May 19, 1998--Capcom Entertainment, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Capcom, Co., Ltd. of Japan, today announced they have signed a licensing agreement with Nintendo of America to publish Nintendo(R) 64 products in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Capcom Japan had previously signed a similar deal with long time. Capcom has an enormous library of glook forward to the first of what we hope will bunits worldwide. Since the release of Resident Evil 2 in January this year, the product has been the number one seller in all markets. Capcom's world famous Street Fighter line has sold more than 6 million units in North America alone. The company's Mega Man Mega Man may refer to:
  • Mega Man (character), Capcom's current mascot, or one of the many fictional works featuring the character:
  • Mega Man
 franchise has also sold nearly 4 million units in North America.

Nintendo Co., Ltd. of Kyoto, Japan, is the leader in the worldwide $15 billion retail video game industry. Nintendo manufactures and markets hardware and software for its best-selling best·sell·er also best seller  
n.
A product, such as a book, that is among those sold in the largest numbers.



best
 home video game systems, including the hand-held Game Boy, the 16-bit Super Nintendo Entertainment System
The Super Nintendo Entertainment System or Super NES (also called SNES
, and the 64-bit Nintendo 64, the fastest selling video game system in history. AFor more information about Nintendo 64, or any o of Japan. A leading f orce in the multi-billi Sony, and Sega and coin-operated games. Worldwide recognizable product lines include the Street Fighter, Mega Man and the Resident Evil series. Capcom's Web site oTERTAINMENT
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 19, 1998
Words:221
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