UK markets closed
  • FTSE 100

    7,027.58
    +59.28 (+0.85%)
     
  • FTSE 250

    22,883.39
    +206.11 (+0.91%)
     
  • AIM

    1,232.54
    +4.45 (+0.36%)
     
  • GBP/EUR

    1.1675
    -0.0013 (-0.11%)
     
  • GBP/USD

    1.3754
    -0.0013 (-0.10%)
     
  • BTC-GBP

    24,498.86
    +616.03 (+2.58%)
     
  • CMC Crypto 200

    786.33
    -7.40 (-0.93%)
     
  • S&P 500

    4,411.79
    +44.31 (+1.01%)
     
  • DOW

    35,061.55
    +238.20 (+0.68%)
     
  • CRUDE OIL

    72.17
    +0.26 (+0.36%)
     
  • GOLD FUTURES

    1,802.10
    -3.30 (-0.18%)
     
  • NIKKEI 225

    27,548.00
    +159.80 (+0.58%)
     
  • HANG SENG

    27,321.98
    -401.86 (-1.45%)
     
  • DAX

    15,669.29
    +154.75 (+1.00%)
     
  • CAC 40

    6,568.82
    +87.23 (+1.35%)
     

Fanatec (Endor AG) announces partnership with PlayStation Studios, Polyphony Digital

  • Oops!
    Something went wrong.
    Please try again later.
·4-min read
  • Oops!
    Something went wrong.
    Please try again later.

DGAP-News: Endor AG / Key word(s): Miscellaneous
13.07.2021 / 13:03
The issuer is solely responsible for the content of this announcement.

Fanatec (Endor AG) announces partnership with PlayStation Studios, Polyphony Digital

Landshut, July 13, 2021 - Fanatec (Endor AG), the leading brand in simracing hardware, has entered a partnership with Japan-based game studio Polyphony Digital. Together they are developing new Gran Turismo(R)-licensed racing peripherals using advanced force-feedback technology, with the aim to reduce the distinction between simracing and real-world racing.

Founded in 1997, Fanatec introduced several significant innovations to simracing over the years, including the incorporation of belt-drive technology in consumer-grade wheel bases, introducing load cell brake technology and contactless sensors to mass-market pedal sets, and launching the first ever direct-drive system for PlayStation(R)4. Its partnerships with leading automotive manufacturers and world-famous racing series have helped to increase awareness of simracing, making it an integral part of modern motorsport.

When Polyphony Digital released the first title in the Gran Turismo series in 1997, it redefined what was possible in racing games, and was critically acclaimed for its detailed graphics, vast number of licensed cars, and realistic driving physics. In 2001, Gran Turismo(TM) 3 pioneered the use of force-feedback on home consoles. With the Gran Turismo franchise Polyphony Digital has engineered a world-renowned, finely tuned, and accessible game that everyone from casual to competitive drivers can enjoy.

Thomas Jackermeier, CEO of Endor AG, parent company to Fanatec said: "For many years, Kazunori Yamauchi has pushed the limits on the software side and played a massive role in making simracing popular. Now we have joined forces with the shared goal to continue to merge virtual and real-world racing together. We have several exciting projects in the pipeline and I can't wait to see how they perform in Gran Turismo."

Kazunori Yamauchi, CEO of Polyphony Digital and producer of the Gran Turismo series added:
"For many years, Fanatec has been one of the outstanding companies on the leading edge of simulation hardware technology. While the quality and performance of their products is impressive, it's their desire to innovate in motorsports that resonates with us the most. Polyphony Digital and Fanatec share this same spirit and long-term ambition, and I'm really excited about what we can create together."

More details about the partnership products between Fanatec (Endor AG) and Polyphony Digital will be announced soon.

About Fanatec

Fanatec is the leading brand for dedicated simracing hardware, including force feedback steering wheels, pedals, and complete cockpits for PlayStation, Xbox, and PC-based racing simulators. Fanatec is a brand of Endor AG, based in Germany, the company has more than 20 years of experience in developing and manufacturing simracing equipment, constantly striving for innovation and quality. Fanatec is the official hardware partner for several different esports series, including F1 Esports Pro Series, the eSports WRC Championship, and SRO Esports GT Series, with the simracing hardware being an integral part of the live broadcasts all over the world.

Find out more at www.fanatec.com

About Endor AG www.endor.ag

Endor AG develops and markets high-quality input devices such as high-end steering wheels and pedals for racing simulations on game consoles and PCs as well as driving school simulators. As a "brain factory", the company's focus is on the creative sector. Endor carries out product development and prototype construction under its own direction and together with specialized technology partners, primarily in Germany ("German engineering"). The products are mainly produced in Asia.

Endor sells its products under the FANATEC brand via e-commerce primarily to end customers in Europe, USA, Canada, Australia and Japan. Endor also sells driving school simulators in cooperation with Vogel Verlag. Endor AG, headquartered in Landshut, was founded in 1997 and currently employs 165 people. Within the group, 206 people work for Endor worldwide, including freelancers. In 2020, the company generated a consolidated turnover of 90 million euros according to preliminary figures.

Contact:

Endor AG, Investor Relations, Phone: +49(0)871-9221 222, E-Mail: ir@endor.ag

Press and investor enquiries:
Anita Schneider/Frank Ostermair, Better Orange IR & HV, Phone: +49(0)89-8896906 17,
E-Mail: ir@endor.ag
 


13.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Endor AG

E.ON-Allee 3

84036 Landshut

Germany

Phone:

+49-(0)871-9221-122

Fax:

+49-(0)871-9221-221

E-mail:

ir@endor.ag

Internet:

www.endor.ag

ISIN:

DE0005491666

WKN:

549166

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart

EQS News ID:

1218317


 

End of News

DGAP News Service

show this
show this
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting