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

12.12Apple (mostly) loses its appeal in Epic Games case
11.12Amazon's AI-generated recap tool didn't watch Fallout very closely
11.12Disney's deal with OpenAI is about controlling the future of copyright
11.12'47 Ronin' director found guilty of defrauding Netflix out of $11 million
11.12New York passes law requiring ads to disclose the use of AI performers
11.12Fortnite is back on the Google Play Store
11.12OpenAI releases GPT-5.2 to take on Google and Anthropic
11.12Lawsuit accuses ChatGPT of reinforcing delusions that led to a woman's death
Marketing and Advertising »

All news

12.12'It's amazing' the wonder material very few can make
12.12Apple (mostly) loses its appeal in Epic Games case
11.12Amazon's AI-generated recap tool didn't watch Fallout very closely
11.12In a season of giving, smart leaders are giving forward
11.12Disney's deal with OpenAI is about controlling the future of copyright
11.12OpenAI is clapping back at Googles Gemini 3 with a new GPT-5.2
11.12'47 Ronin' director found guilty of defrauding Netflix out of $11 million
11.12Bull Radar
More »
Privacy policy . Copyright . Contact form .