Team17 acquires Astragon for €75m

Team17 gets Astragon for €75m

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Author intends to increase its offerings of non-violent and also participating home entertainment video games with the procurement

Today author Team17 has actually introduced that it has actually obtained designer Astragon Home entertainment GmbH for €75 million ($86 million).

An added factor to consider of as much as €25 million ($26.8 million) in cash money might be payable, relying on efficiency targets for the fiscal years finishing in December 2021 and also 2022.

Astragon will certainly run as an independent department within Team17 while likewise working together with various other programmers.

With the procurement Team17 means to increase its title offerings to supply customers non-violent and also participating home entertainment video games.

“Our objective is to end up being the top brand name in the area of ‘functioning’ simulation video games,” stated Astragon Chief executive officers Julia Pfiffer and also Tim Schmitz.

“Teaming up with Team17 will certainly make it possible for and also assist astragon to develop and also concentrate on this method. We anticipate the opportunities that are opened up by dealing with what our team believe to be a terrific companion to supply our passions.”

The procurement of Astragon isn’t the only acquisition that Team17 has actually made throughout the year, recently it bought the title Heck Unleash and also United States indie video game author The Tag.

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