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Embracer bought Shiver in December 2021. At the time the studio had almost 20 people*. Unsure if the studio is the same size today or had grown in the meantime. But it does sound like it's a smaller studio that can possibly work on porting perhaps 1 or 2 max games a time.

This was probably a very small investment by Nintendo, but curious to see if Nintendo will invest and grow it going forward.