Team17 is now called Everplay: A new name for digital play!

Team17 is now called Everplay: A new name for digital play!

The Team17 Group PLC has announced that it will rename itself to Everplay PLC, a decision that will lead to trade in Evpl on the stock exchange on January 23, 2024. According to Gameswirtschaft This step is regarded as part of a comprehensive strategy for clearer demarcation between the listed parent company and its subsidiaries. CEO Steve Bell emphasizes that the new name reflects the corporate philosophy "Never Stop Playing" and at the same time expected a strengthening of the group and impulses for the share price.

The renaming will be carried out in early February 2024 and follows a very successful Christmas business that has exceeded expectations. The Everplay PLC will continue three divisions under its original names that specialize in different play genres.

divisions of Everplay

The divisions of Everplay include:

• Team17: since 1990 in the computer game market active and known for brands such as overcooked , Worms and Hell Let Loose . Team17 positions itself as "indie powerhouse".
• Astragon Entertainment: 2020 for 100 million euros, Astragon specializes in working simulations, including bus simulator and construction simulator . Astragon also leads its own studio and is involved in Wiesbadener Weltenbauer GmbH.
• storytoys: based in Dublin develops storytoys games and learning apps for children, including titles that are based on known licenses such as Lego , sesame street and barbie

everplay plans to continue to concentrate on the core competencies in the areas of indie games, simulations and children's plays. The more intensive evaluation of the existing game catalog, which also includes many classics, is another part of the corporate strategy.

outlook for the industry

It is already becoming apparent that gaming shares are attracted to attractiveness through various factors, including progress in virtual reality and digitization. During the Corona pandemic, interest in gaming shares grew, which is also reflected in the sales. General statistics show that around 34 million people were considered gamers in Germany in 2020, which underlines the relevance and potential in the industry. Overall, sales of 8.5 billion euros were achieved in the gaming area in Germany, with in-game purchases to make up about 3.25 billion euros alone, as Finanzsache

The change to the Everplay PLC not only marks a new name, but also a directional phase for the company that wants to assert itself in a dynamic and steadily growing market.