Nintendo President Satoru Iwata Dies of Cancer

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Nintendo Co. President Satoru Iwata has died of a tumor, the company said Monday, in a sudden announcement that comes just months after Mr. Iwata announced the videogame maker’s entry into mobile gaming.

 

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Mr. Iwata, 55 years old, underwent surgery in June 2014, and his condition worsened rapidly in recent days, the company said. It said he died on Saturday and the cause of death was a bile duct tumor.

Although he had missed some corporate events over the last year owing to a health condition, Mr. Iwata had been active recently. He presided over Nintendo’s annual shareholder meeting on June 26.

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In March, Mr. Iwata appeared at a news conference to say that the company would develop videogames for smartphones based on its classic characters. Nintendo struck a partnership with DeNA Co., a Japanese game provider, under which the companies will exchange ownership stakes and set up a new mobile game platform.

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Official Source: http://www.wsj.com/articles/nintendo-president-satoru-iwata-dies-of-cancer-1436747352

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