Team17 unveils its semester results and recruits at PlayStation

Sony Interactive Entertainment (SIE), formerly known as Sony Computer system Enjoyment (SCE), is a multinational video game as well as electronic home entertainment company completely had by Japanese international conglomerate Sony Group Firm. The SIE Team is composed of two legal corporate entities: Sony Interactive Entertainment LLC (SIE LLC) based in San Mateo, The Golden State, USA, and Sony Interactive Entertainment Inc. (SIE Inc.), based in Minato, Tokyo, Japan. Tokyo-based SIE Inc. was originally founded as Sony Computer system Enjoyment Inc. (SCEI or SCE) in November 1993 to manage Sony's venture into computer game growth for the PlayStation systems. SIE LLC was developed in San Mateo in April 2016, and also is taken care of through Sony's American branch, Sony Corporation of America.Since the launch of the initial PlayStation console in 1994, the business has been establishing PlayStation residence computer game consoles, accessories and services. The business expanded from Japan right into North America and Europe, where it established the branches Sony Computer system Enjoyment America (SCEA) in May 1995 (in Foster City, California) as well as Sony Computer System Entertainment Europe (SCEE) in July 1995 (in Liverpool). The business rapidly became Sony's main source for r & d in video games and interactive entertainment. In April 2016, SCE as well as Sony Network Entertainment International was reorganized as well as restructured right into Sony Interactive Entertainment, carrying over the procedures and primary objectives from both business. The very same year, SIE LLC was established, with its head office in San Mateo, California. Sony Interactive Entertainment handles the study and also development, manufacturing, and also sales of both hardware as well as software program for the PlayStation computer game systems. SIE is additionally a designer as well as author of video clip game titles, and also operates several subsidiaries in Sony's biggest markets: The United States and Canada, Europe and Asia. By August 2018, the business had actually offered greater than 525 million PlayStation gaming consoles worldwide.

Team17 unveiled its results for the first half of the year 2021 and announced the recruitment of Michael Pattison from Sony Interactive Entertainment Europe.

There will be no post-confinement depression for Team17, whose results for the first half of 2021 are very stable and even slightly in relation to the first six months of the year 2020. The British publisher and developer continues to grow quietly (it has 262 employees compared to 250 at the beginning of the year) and also ends the semester with 78 million euros of cash and cash equivalents, while acquiring the franchise Golf with Your Friends For the sum of 14 million euros last January.

Team17 released six games during the semester ( Snape Heroes , NARITA BOY , BEFORE WE LEAVE , KING OF SEAS , HOKKO LIFE , SUPER MAGBOT ) While offering new platforms to Overcooked! All You Can Eat and Worms Rumble .

Results of Team17

Period | Turnover | Operational Profit | Net profit --- | --- | --- | --- January 2020 - June 2020 | 45 million euros | 15 million euros | 13 million euros January 2021 - June 2021 | 47 million euros | 16 million euros | 13 million euros

Nomination of Michael Pattison, Death of Troy Horton

Team17 also announces the appointment of Michael Pattison as CEO of his Label Games, a newly created position he will occupy as of October 18, working directly with the Chairman of the Group, Debbie Bestwick. Vice President of Third Party Relations at PlayStation Between 2013 and 2021, this veteran has more than 25 years of experience in the environment and has also worked at Capcom, THQ and Infogrames.

Team17, however, laments the death of Troy Horton. Former producer at Core Design on the first five Tomb Raider , Troy Horton was responsible for identifying independent games at Team17 since the spring of 2018.

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