Tech content trusted by users in North America and around the world
7,350 Reviews & Articles | 53,811 News Posts

Russian eSports team Virtus.pro receive over $100 million investment

Virtus.pro receives a huge $100 million plus investment from a 62-year-old Russian business
By: Anthony Garreffa | Gaming News | Posted: Oct 15, 2015 11:42 am

Russian eSports legends Virtus.pro have just taken the main stage in a totally different way, where the team has received over $100 million in investment from a 62-year-old Russian business magnate.

 

russian-esports-champs-virtus-pro-receive-100-million-investment_01

 

USM Holdings, an investor in many companies across various industries including metals and mining to telecoms and the Internet, has pledged around $100 million to Virtus.pro. The $100 million investment will help Virtus.pro launch new tournaments, support new games, create media channels and build new eSports arenas, according to the co-owner of the company, Anton Cherepennikov.

 

According to Ivan Streshinsky, a member on the USM Holdings board: "E-sports are a unique proposition, uniting the sports, media and the internet industries. It is a fast-growing market, which has already generated huge interest around the world and Virtus.pro is the leader in the e-sports industry in Russia. I am confident that the support from USM will spur the company's further development and enable it to take its projects to a whole new level".

NEWS SOURCES:Hltv.org

Related Tags

Got an opinion on this news? Post a comment below!
Subscribe to our Newsletter

Latest News Posts

View More News Posts

Forum Activity

View More Forum Posts

Press Releases

View More Press Releases
loading