ESL confirms buyout of American eSports company, ESEA

ESL confims buyout of American eSports company ESEA, yet another move by MTG to take over eSports globally.

@smithymayo
Published Mon, Nov 23 2015 8:33 AM CST   |   Updated Tue, Nov 3 2020 12:03 PM CST

With both companies working together to provide multiple ESL/ESEA CS:GO tournaments recently and having rumors mount that a buyout talk was in progress, ESL has now confirmed that it has acquired ESEA for an undisclosed amount.

ESL confirms buyout of American eSports company, ESEA | TweakTown.com

With the confirmation of this buyout hitting the public, ESEA will continue to operate separately of ESL, with HLTV explaining this renewed relationship is set up for ESEA to benefit "from the products and services provided by ESL, which is owned by Swedish digital entertainment company MTG."

This purchase is said to be yet another move by MTG to solidity its position in eSports, previously purchasing 75% of ESL for $83 million and the world's largest LAN, DreamHack, for $28 million.

NEWS SOURCE:hltv.org

I'm a competitive gamer and was an eSports employee. Recent changes have seen me hang up the mouse and move over to the technology world, covering all news for TweakTown, ranging from gaming news to opinion articles and the latest tech releases. Expect to see a few different articles on international eSports news and competitive game releases, as well as audio and mobile device content.

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