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

06.12Judge puts a one-year limit on Google's contracts for default search placement
06.12Apple's Johny Srouji could continue the company's executive exodus, according to report
06.12Waymo's robotaxi fleet is being recalled again, this time for failing to stop for school buses
06.12Meta plans to push back the debut of its next mixed reality glasses to 2027
06.12Engadget review recap: Dell 16 Premium, Nikon ZR, Ooni Volt 2 and more
06.12A Marvel beat-'em-up, long-awaited survival horror and other new indie games worth checking out
05.12The 1977 cut of Star Wars will return to theaters in 2027
05.12Meta's latest acquisition suggests hardware plans beyond glasses and headsets
Marketing and Advertising »

All news

07.12Reverse advent calendar call-out from foodbank
07.12How to speak with authority
07.12SoftBank-backed AceVector files updated IPO papers; targets to raise Rs 300 cr via fresh issue
07.12Mcap of five of top-10 most-valued firms surges Rs 72,285 cr; TCS, Infosys biggest winners
07.12Wall Street bets Chinese stocks will extend $2.4 trillion rally
07.12Export Promotion Mission sets unified path to strengthen India's export competitiveness
07.12Sold 30 items on Vinted? Don't panic if you get a message about tax
06.12Judge puts a one-year limit on Google's contracts for default search placement
More »
Privacy policy . Copyright . Contact form .