© Nintendo
Nintendo announced Tuesday that it has entered into an agreement with Embracer Group AB to acquire 100% of the outstanding shares of Miami-based game developer Shiver Entertainment, Inc. and make it a wholly-owned subsidiary. With Shiver, Nintendo plans to gain resources for porting and developing games. Shiver will continue to port and develop software for multiple platforms even after joining Nintendo band. NintendoThe acquisition will be completed once all relevant customary closing conditions have been satisfied.
Since December 2012, Shiver has been partnering with publishers and developers for large-scale title developments. The company has worked on porting and developing games such as Hogwarts Legacy And Mortal Kombat 1.
Nintendo president Shuntaro Furukawa revealed On May 7, the company will announce the successor to the Switch console during the company’s current fiscal year, which ends March 31, 2025.
Nintendo launched the Switch console in March 2017.
