Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2024-05-22 12:00:03| Engadget

Nintendo is buying (PDF) Florida-based studio Shiver Entertainment from the Embracer Group, which is splitting up its rather messy gaming empire and is letting go of certain assets. Shiver was founded in 2012 and is mostly known for working with publishers and developers to port games to the Switch, including couple of Scribblenauts titles and Hogwarts Legacy. Nintendo will acquire the "boutique-sized studio" in full, making it a fully owned subsidiary that will continue working on Switch ports and developing software for multiple platforms.  The Japanese gaming company isn't known for gobbling up small studios and developers. In its announcement of the deal, it said it's aiming "to secure high-level resources for porting and developing software titles" with this purchase. By buying Shiver, Nintendo is also showing that it's committed to the Switch platform, which will remain its primary business for years to come.  As Nintendo Life notes, Nintendo may have decided to purchase Shiver to acquire its talent, as well. The studio's CEO, John Schappert, is an industry veteran who used to oversee Xbox Live, the Xbox platform software and Microsoft Game Studios. He also served as Chief Operating Officer at EA and at Zynga. Nintendo didn't say how much it's paying for the studio, but it doesn't sound like the purchase will make any considerable impact on its finances. "The Acquisition will have only a minor effect on Nintendos results for this fiscal year," the company wrote in its announcement. This article originally appeared on Engadget at https://www.engadget.com/nintendo-snaps-up-a-studio-known-for-its-switch-ports-100003358.html?src=rss


Category: Marketing and Advertising

 

Latest from this category

10.12Stella Artois turns Google Maps reviewers into brand ambassadors
10.12Watch the Day of the Devs: Game Awards 2025 edition right here at 1PM ET
10.12Repair iconic 2000s-era gadgets in upcoming indie game ReStory
09.12Uber is installing kiosks for booking rides without the mobile app
09.12Slack's CEO is joining OpenAI to find the money to pay for all those data centers
09.12Instagram is generating SEO-bait headlines for its users' posts
09.12How to watch The Game Awards 2025 on December 11
09.12Traeger debuts Woodridge Pro Plus grill with Wi-Fi features and built-in storage cabinet
Marketing and Advertising »

All news

10.12Why has the price of silver hit a record high?
10.12Microfinance recovery, auto loan growth support AU Small Finance outlook: Parag Thakkar
10.12Couple donates $11 million to Lurie Childrens Hospital to support work in genetics, rare diseases
10.12Watch the Day of the Devs: Game Awards 2025 edition right here at 1PM ET
10.12Stella Artois turns Google Maps reviewers into brand ambassadors
10.12From Film to Pharma: Kodaks Billion-Dollar Transformation Under Trumps Manufacturing Plan
10.12Wednesday Watch
10.12How China Inc is marching into Vietnam amid US tariffs
More »
Privacy policy . Copyright . Contact form .