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

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
18.11Retailers Black Friday codes appear when baking sheets hit the oven
18.11LinkedIns Advertising Business Is Surging
Marketing and Advertising »

All news

21.11Stocks Surging into Afternoon on US Economic Data, Rising Fed Rate-Cut Odds, US Loosening NVDA/China Chip Sale Constraints Speculation, Consumer Discretionary/Transport Sector Strength
21.11Weekly Scoreboard*
21.11What Makes This Trade Great: QDELs All-Day Power Move
21.11Eli Lilly becomes first health-care company to hit $1 trillion
21.11Gen Z is ghosting dating apps: Could AI win them back?
21.11Remove the Regime: November 22 protests call for Trump impeachment in Washington, D.C. Heres what to know
21.11Man accused of Blue Line arson attack ordered held on federal terrorism charge
21.11Monday's Earnings/Economic Releases of Note; Market Movers
More »
Privacy policy . Copyright . Contact form .