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

14.12Google pulls AI-generated videos of Disney characters from YouTube in response to cease and desist
14.12Grok is spreading inaccurate info again, this time about the Bondi Beach shooting
14.12Kindle's in-book AI assistant can answer all your questions without spoilers
14.12Ayaneo's first smartphone is a major callback to the Xperia Play
13.12A new AAA Alien game is reportedly in the works
13.12Half-Life 3 is rumored to be a Steam Machine launch title and could arrive in spring 2026
13.12iOS 26.2 is here with another Liquid Glass tweak, new Podcasts features and more
13.12CRKD's Nitro Deck 2 works for both the Nintendo Switch and Switch 2
Marketing and Advertising »

All news

15.12Honk Kong, India fuel blockbuster year for Asia fundraising
15.12Asia's rich drive a $200-billion revival in complex equity notes
15.12A break above 26,300 key for next Nifty rally: Analysts
15.12Mutual Fund fee revamp, simplified IPO disclosures on Sebi Board agenda
15.12Private markets emerge as next profit engine for JM Financial: Vishal Kampani
15.12Spain's commitment to renewable energy may be in doubt
15.12Kevin Hassett says Federal Reserve can reject Trumps views if he is chair
14.12Google pulls AI-generated videos of Disney characters from YouTube in response to cease and desist
More »
Privacy policy . Copyright . Contact form .