Worms builders Team17 purchase Yippee Entertainment

Team 17, the mob who make Worms in addition to publishing games like Yooka-Laylee and Overcooked, have purchased games studio Yippee Entertainment in a £1.four million deal.

If you haven’t heard of Yippee earlier than, they predominantly work on licensed games for corporations like Cartoon Network, Nickelodeon and the BBC. They’ve additionally made a platformer sequence of their very own, Chimpact, which is generally for cellular however has jumped on PC too.

The studio will now be engaged on quite a lot of Team17’s personal initiatives, in addition to unique games from the corporate’s companions, and all in all of the acquisition is part of the corporate’s development plan.

Founded in 2011, Yippee is a Manchester-based studio began by business veteran Mike Delves, who will proceed his position because the studio’s chief govt officer underneath Team17’s possession.

“On behalf of the Group, I’d like to extend a warm welcome to Mike and his team,” Team17 CEO Debbie Bestwick mentioned in Thursday’s announcement. “MediaCityUK is a wonderful location for our second UK studio and the acquisition of Yippee allows us to accelerate our recruitment plans in the North West.”

Who doesn’t take pleasure in a beautiful company acquisition to start out off the brand new yr, eh? For as a lot as strikes like this will help small builders and publishers, they aren’t at all times one thing that must be celebrated. Read Graham’s piece right here on why we should stop worrying about timed exclusives and worry more about games industry consolidation.