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

22.11Wind-powered trimaran cuts Atlantic shipping time in half, with near-zero emissions
21.11AI Update, November 21, 2025: AI News and Views From the Past Week
20.11The Most Appropriate and Inappropriate Emojis at Work [Infographic]
20.11How Digital Twins Are Transforming B2B Marketing Product Launches
20.11In Tokyo, a new space for writing letters to the departed as a quiet ritual of grief
19.11The State of AI Use Among Professional Writers
19.11Performance Branding: The Misalignment Between Brand and Performance Marketing
19.11Soccer league unveils blueprint for stadiums built around women, not men
Marketing and Advertising »

All news

24.11Monday Watch
24.11Natco Pharma, 3 other pharma stocks decline up to 2.5% after important inspections at their units. Do you own?
24.11UK 'world's most expensive place' to develop nuclear power
24.11HG Infra shares surge 6% after winning Rs 1,415 crore metro rail contract
24.11PSU bank stocks losing momentum, wait for dips before going long: Anand James
24.11Oil falls as Ukraine peace talks edge toward a solution
24.11Gold dips as dollar firms on reduced rate-cut prospects
24.11Most top Indian investors see drop in net worth in JulySept quarter
More »
Privacy policy . Copyright . Contact form .