Nintendo subsidiary Brownie Brown announced today on its homepage that the dev house is undergoing some changes, which includes a new company name: "1-UP Studio." The old Brownie Brown page will remain active until March 31, 2013, but exactly how else the studio has been affected is still unknown.
You may best remember Brownie Brown, formed in 2000, as one of the co-developers of Mother 3. In addition, the handheld-focused studio has contributed to two Mana games, Blue Dragon Plus, Super Mario 3D Land, and the recent Japanese 3DS hit Fantasy Life.
This is the first of many changes we'll be seeing as part of Nintendo's company-wide restructure. Perhaps Nintendo wants 1-UP to work more closely on core Nintendo properties, or maybe 1-UP will be charged with developing new IPs. I guess we'll find out soon!