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

09.01Lumus brought a massively wider FOV to smartglasses at CES 2026
08.01Handwriting is my new favorite way to text with the Meta Ray-Ban Display glasses
08.01IXIs autofocusing lenses are almost ready to replace multifocal glasses
08.01Razer put a waifu in a bottle at CES 2026
08.01YouTube will let you exclude Shorts from search results
08.01Hands-on with Fender Audio's headphones and speakers at CES 2026
08.01Emerson Smart brings offline voice control to lamps and fans
08.01Engadget's best of CES 2026: All the new tech that caught our eye in Las Vegas
Marketing and Advertising »

All news

09.01Iran Protests: From 1979 Islamic Revolution to the current rial crisis, a look at Irans long history of street protests
09.01Oil rises as concerns about supply disruptions in Venezuela, Iran increase
09.01Negative Breakout: These 11 stocks cross below their 200 DMAs
09.01Asian stocks edge up before US jobs data, tariff ruling
09.01CVC Capital Partners leads race to buy ValueLabs at $11.2 billion valuation
09.01Electronics stocks need a spark of profit for D-St vibe
09.01More businesses call to be included in pub rates backtrack
09.01Rupee gives up gains as tariff worries blunt RBI's moves
More »
Privacy policy . Copyright . Contact form .