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

01.07Eight Less Traditional Ways People Are Using AI at Work
01.07The 25 Most Valuable Global Brands in 2025 [Infographic]
01.07Breaking Through to Reach Buyers: How Education-Led Marketing Is Redefining B2B Marketing
01.07Formalwear for a hotter world? Coors Light introduces Cold Tux and BrrrTie
30.06Shopping agent Daydream wants fashion retail to feel like magic, not a search bar
27.06AI Update, June 27, 2025: AI News and Views From the Past Week
27.06Compact UV printer smashes records as creators embrace DIY manufacturing
26.06Five Strategies of Business With Standout Productivity Growth [Infographic]
Marketing and Advertising »

All news

02.07Bank of England to redesign banknotes - and wants your help
02.07Bank of England to redesign banknotes - and wants your help
02.07Why showing your work is the new mark of great design
01.07Why biology is our most powerful technology
01.07Collapsed Waukegan Metra station wall being repaired; The trains were slowed for safety
01.07Alleged co-conspirator linked to Loretto Hospital scandal pleads not guilty
01.07How to tell if the article youre reading was written by AI
01.07Government wins welfare bill vote after big concessions to rebels
More »
Privacy policy . Copyright . Contact form .