Today it was announced by Nintendo that the company is planning on merging their handheld and console divisions into a single unit. With merging these two divisions into one they're tasked with creating next-generation hardware. The merging of these two divisions will be begin on February 16th. About 150 handheld and 130 console engineers will begin working together out of a new $340 million facility nearby the companies main headquarters.
A merging like this hasn't happened for Nintendo in nearly a decade. Back in 2002 Saturo Iwata had replaced Hiroshi Yamauchi as the president of Nintendo and had the companies two Research and Development teams transition into the Entertainment, Analysis, and Development division.
It's unclear what Nintendo has intended for the future of the company with all this restructuring. Plans have even been speculated that Shigeru Miyamoto is planning on retiring from his position at the company and be replaced by EAD deputy manager Takashi Tezuka. This speculation comes from a 2011 interview with Miyamoto saying Nintendo ought to be "structured" without before he leaves the company in someone else's hands. What's to come from Nintendo is very unclear, but we as gamer's certianly hope its for the better of the company and will help us enjoy their games just like we did when we were kids.