Team17 buys up Astragon Leisure for €100 million

Team17 has introduced that it is buying online game writer and developer Astragon Leisure for the value of €100 million (about $114.6 million). 

Whereas Team17 has turn out to be well-known for creating and publishing video games like Overcooked 2 and Hell Let Free, Astragon’s saved a decrease profile pumping out “refined simulation software program” like Bus SimulatorPolice SimulatorBuilding Simulator, and extra. This buy will likely be executed with a money fee of €75 million, with a further consideration of €25 million to comply with.

The acquisition appears geared toward getting Team17 and its companions into the simulation software program enterprise. It is a common market on PC, with video games like Farming Simulator and Euro Truck Simulator additionally raking in money.

Team17 CEO Debbie Bestwick defined how the acquisition can moreover increase Team17’s enterprise. “With the addition of StoryToys and the enlargement of our Video games Label, which incorporates the not too long ago acquired USA primarily based ‘The Label’ and now Astragon, we now have considerably expanded Team17’s attraction to the widest ever cross part of players, spanning a number of genres and age teams,” she wrote in a press release.

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