Nintendo is purchasing Shiver Entertainment studio from Embracer Group. The acquisition comes as Embracer Group spins off its dispersed gaming empire and sheds some of its assets. Founded in 2012, Shiver Entertainment is generally known for adapting games for the Switch. These adaptations include popular games such as the Scribblenauts series and Hogwarts Legacy. Nintendo will fully absorb this boutique-scale studio and continue developing software for Shiver, Switch ports, and various platforms.
The Japanese gaming giant isn’t exactly known for acquiring smaller studios and developers. However, when announcing this agreement, he stated that he took this step in order to “secure a high level of resources and increase software development capabilities.” Nintendo’s acquisition of Shiver also shows its commitment to the Switch platform. This platform will remain the company’s core business for years to come.
According to Nintendo Life, with this acquisition decision, Nintendo also aims to acquire Shiver’s talented team. The CEO of the studio, John Schappert, is one of the experienced names in the industry. Schappert previously headed Microsoft Game Studios with Xbox Live and Xbox platform software. He also served as chief operating officer at Electronic Arts and Zynga. Nintendo did not disclose how much it paid for this studio, but stated that this acquisition would not have a significant impact on the company’s financial situation. He gave a clue to the financial size of the deal by stating, “The acquisition will have only a minor impact on the results of this financial year.”
This move is considered part of Nintendo’s long-term strategy. The company is turning to such strategic acquisitions to expand its game portfolio and reach more users. The acquisition of Shiver Entertainment by Nintendo is an important step towards this goal. This move by Nintendo can be seen as part of the company’s efforts to strengthen its position in the gaming industry. This step reinforces Nintendo’s mission to deliver more quality content and provide gamers with a richer experience.
In summary, Nintendo’s acquisition of Shiver Entertainment reflects its strategy of both expanding its existing game portfolio and recruiting new talents to its team. This acquisition is considered an important step that will help the company achieve its long-term growth goals. This strategic move by Nintendo aims to increase competitiveness in the gaming industry and impress users with innovative content.
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