Nintendo has acquired Shiver Entertainment, who were previously owned by the Embracer Group, however, they have begun letting go of much of their portfolio. 

Shiver Entertainment has previously worked on porting games like WB Games, Hogwarts Legacy and Mortal Kombat 1. Nintendo has confirmed that the studio will continue working on porting games for Nintendo Switch and future hardware:

“Nintendo will acquire 100% of the outstanding shares of Shiver and make it a wholly owned subsidiary. By welcoming Shiver’s experienced and accomplished development team, Nintendo aims to secure high-level resources for porting and developing software titles. Going forward, even after it becomes a part of the Nintendo group, Shiver’s focus will remain the same, continuing commissions that port and develop software for multiple platforms including Nintendo Switch.”