Team17 acquires Astragon for €75m

Writer goals to broaden its choices of non-violent and cooperative leisure video games with the acquisition

In the present day writer Team17 has introduced that it has acquired developer Astragon Leisure GmbH for €75 million ($86 million).

An extra consideration of as much as €25 million ($26.8 million) in money could also be payable, relying on efficiency targets for the monetary years ending in December 2021 and 2022.

Astragon will function as an unbiased division inside Team17 whereas additionally collaborating with different builders.

With the acquisition Team17 intends to broaden its title choices to supply shoppers non-violent and cooperative leisure video games.

“Our purpose is to change into the primary model within the discipline of ‘working’ simulation video games,” mentioned Astragon CEOs Julia Pfiffer and Tim Schmitz.

“Collaborating with Team17 will allow and assist astragon to evolve and give attention to this technique. We sit up for the probabilities which might be opened up by working with what we consider to be an amazing companion to ship our ambitions.”

The acquisition of Astragon is not the one buy that Team17 has made through the yr, final week it bought the title Hell Let Unfastened and US indie recreation writer The Label.

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