According to the weekly German magazine WirtschaftsWoche, founder and CEO of Microsoft Bill Gates has expressed interest in purchasing Nintendo.

"If Hiroshi Yamauchi phones me up, I will pick up at once," Gates told WirtschaftsWoche at an analyst conference.

Gate later added that a bid would be quickly made following any offer from Nintendo.

Quickly following this news, Nintendo released their own statement on word of Mr. Gates remarks.

"Nintendo is not on sale, and there is no such talk at all," Nintendo public relations chief Yasuhiro Minagawa said.

Nintendos response followed a sharp rise in Nintendo shares by 3.8 percent.

Source: WirtschaftsWoche