Nintendo Acquires Shiver Entertainment from Embracer Group
May 21, 2024
Nintendo has agreed to acquire 100% of Shiver Entertainment from Embracer Group, making the Miami-based studio a wholly owned subsidiary to bolster its porting and development capabilities. Shiver will continue focusing on porting and developing game software for multiple platforms, including the Nintendo Switch; the deal is expected to have only a minor effect on Nintendo's current fiscal year results.
- Buyers
- Nintendo Co., Ltd.
- Targets
- Shiver Entertainment, Inc.
- Sellers
- Embracer Group
- Industry
- Media & Entertainment
- Location
- Florida, United States
- Transaction Type
- Buyout
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