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

19.12Claude's Chrome plugin is now available to all paid users
19.12Netflix is acquiring game avatar maker Ready Player Me
19.12Get up to 78 percent off ExpressVPN two-year plans for the holidays
19.12Mark Zuckerberg's nonprofit cuts ties with the immigration advocacy group he co-founded
19.12Apple's USB-C Magic Mouse is back on sale for $68
19.12We have more details on the TikTok deal, including some ownership statistics
19.12Engadget's favorite games of 2025
19.12AI Update, December 19, 2025: AI News and Views From the Past Week
Marketing and Advertising »

All news

20.12Tesla CEO Elon Musk recovers $55 billion pay package in Delaware court ruling
20.12Santas Rally: Myth, Magic, or Measurable Edge For Investors?
20.12Attendance at Auroras Christkindlmarket up during good weather, down overall
19.12Stocks Rising into Afternoon on Diminished AI Infrastructure Build-Out Worries, US Economic Data, Short-Covering, Tech/Biotech Sector Strength
19.12Weekly Scoreboard*
19.12United Airlines technician killed in cherry-picker crash at Denver International Airport
19.12Claude's Chrome plugin is now available to all paid users
19.12UnitedHealth vows to be a better company amid layoffs
More »
Privacy policy . Copyright . Contact form .