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

22.01X is also launching Bluesky-like starter packs
21.01Marshall's new Heddon hub adds multi-room audio to speakers with Auracast
21.01Apple is reportedly overhauling Siri to be an AI chatbot
21.01Apple is reportedly developing a wearable AI pin
21.01Microsoft ports the Xbox app to Arm-based Windows PCs
21.01Meta is expanding ads to all users globally
21.01For All Mankind returns on March 27 for a fifth season
21.01Amazon is adding AI-powered assistant to One Medical
Marketing and Advertising »

All news

22.01Government borrowing falls by more than a third in December, figures show
22.01Rupee stability key market trigger as earnings hold up: Rahul Singh
22.01How to get satisfaction from an unfulfilling job
22.01X is also launching Bluesky-like starter packs
22.01This common medical event leaves women in debt
22.01Thursday Watch
22.01Metals outlook brightens on global cues; Trent faces near-term headwinds: Siddhartha Khemka
22.01ETMarkets Smart Talk | Budget 2026 may offer tax relief as markets seek clarity on capital gains: Rohit Agarwal
More »
Privacy policy . Copyright . Contact form .