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Nintendo ADR (OTC:NTDOY) has announced the acquisition of Shiver Entertainment, the team responsible for the Nintendo Switch ports of popular games like “Hogwarts Legacy” and “Mortal Kombat 1.”
According to a press release, Nintendo has agreed with Embracer Group Unsponsored ADR (OTC:EBCRY) to buy 100% of Shiver's shares, turning the Miami-based company into a wholly owned subsidiary.
See Also: Nintendo Confirms Next-Gen Gaming Console Set To Debut Within This Fiscal Year
Shiver, established in 2012, has built a reputation for partnering with publishers and developers on large-scale projects.
Nintendo noted: “By welcoming Shiver's experienced and accomplished development team, Nintendo aims to secure high-level resources for porting and developing software titles.”
Even after joining Nintendo, Shiver will continue focusing on porting and developing software for multiple platforms, including the Nintendo Switch.
This move comes shortly after Nintendo announced plans to reveal its Switch successor within this fiscal year, which ends on March 31, 2025. While today’s announcement doesn’t mention the new console, it hints at Nintendo’s preparations for its future lineup.
Shiver is known for porting games like “Hogwarts Legacy,” “Mortal Kombat 11,” and “Mortal Kombat 1,” along with developing “Scribblenauts Showdown.” Although ports like “Hogwarts Legacy” and “Mortal Kombat 11” were well-received, the “Mortal Kombat 1” port faced considerable criticism.
Financial terms of the deal weren’t shared, but Nintendo stated that the acquisition “will have only a minor effect on Nintendo's results for this fiscal year.”
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Image credits: yu_photo on Shutterstock.
