Team17 Expands With Hell Let Loose And The Label Acquisitions

The publishers of Britain Team17 have discovered two new features. The first is the World War II IP shooter Hell Stop it, which launched on PC and consoles last year. The second is the publisher of The Label, whose name you may know from a game like What Golf and Bum-Bo Story.

What do we know about Team17’s new acquisition?

According to a press release, Team17 purchased Hell Stop it IP up to about $ 31 million (which holds about $ 27.4 million), and £ 15 million per table depending on what the game earns. The purchase will be a brand new IP under the “new game information”, which will probably be revealed later. If you have not played Hell Stop it, is a multiplayer FPS established in World War II. It started in Steam Early Access in 2019, Fully launched on PC in July last year and on consoles in October. It is important to note that Team17 was already in print Hell Stop it, but now has the full IP. This discovery does not go on indefinitely Hell Stop it Black Matter maker, though.

Hell Stop it now owned by Team17.

Also Hell Stop it, Team17 also bought The Label, a hand-printed outfit from San Francisco. You may have seen The Label’s name on the golf course SIM What Golf, who launched for iOS and PC back in 2019. The Label partners include Bum-Bo Story manufacturer Edmund McMillen, as well as phone names like Lineweight and Other side. The initial cost of this acquisition is $ 24 million, and up to $ 16 million is also available depending on the functionality. Team17 said the acquisition is part of its response to “increase access” to the mobile phone. The label will be part of the existing Team17 game.

What does this mean for Team17?

In addition to publishing details of these items, Team17 also released more information for its 2021. fiscal year. We do not know exactly how Team17 performed well last year until March, but it will be encouraging for the company to manage the 2020 raise.

Photo from What The Golf, printed on the phone by the new team Team17 The Label
Team17 has recovered What Golf publisher The Label.

We will have to wait and see what this takeover means for Team17 in a practical way. In the meantime, you can catch up Hell Stop it pa PC, PlayStation 5, and Xbox Series X | S. Team17 says it is also reviewing the idea of ​​making new media with Hell Stop it IP, plus another DLC, continuous support for game content, and “possible results”. With all that has been bought and the economy moving in, Team17 is establishing itself as a British Embracer Group (only without the number of high-end studios to enter). Stay tuned for more information.

You want to see the next one Hell Stop it? Tell us in the comments below!

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