eSports

Microsoft’s Acquisition Of Activision Blizzard Biggest Video Game Purchase In History ($69bn)

Published

1 year ago

December 23, 2022

Reading Time: 2 minutes

Data Analyst’s at Best Sport Betting Canada have sourced data from Statista compiling a list of the Top 10 video game industry acquisitions in history.

For full data, visit: https://bestsportsbettingcanada.ca/blog/2022/12/22/microsofts-acquisition-of-activision-blizzard-biggest-video-game-purchase-in-history/

If you would like to use the data in this release, you must credit and link back to https://bestsportsbettingcanada.ca/

Microsoft Acquire Activision Blizzard For $69bn

Activision Blizzard, the company behind popular video game titles such as the Call of Duty series, Candy Crush and World of Warcraft, are the subject of a monumental takeover bid by Microsoft worth $68.7bn.

The purchase would not only be the biggest in the tech corporation’s history, but it would also be five times as valuable as the next largest video game acquisition, which occurred earlier this year following Take-Two Interactive’s deal to buy Zynga.

Microsoft Shares Down 20% Since Bid To Acquire Activision Blizzard

Since making the bid to acquire Activision, Microsoft shares are trading at $241 a share, which presents a 20% downfall since January of 2022.

However, it certainly isn’t all doom and gloom for the tech conglomerate, with Activision Blizzard experiencing a sizable boost in shares with the price up by 19% within the same period; shares are currently trading at $76.

Despite this, around Thanksgiving when then the US stock markets closed, Activison shares dropped as far as 6% following a report watchdogs will attempt to block the deal.

Bucks Gaming

CREAM CITY CONVERGENCE ESPORTS TOURNAMENT SELECTED AS CAPCOM PRO TOUR EVENT

Published

20 hours ago

May 16, 2024

GamingAmericas.com

cream-city-convergence-esports-tournament-selected-as-capcom-pro-tour-event

Bucks Gaming’s Cream City Convergence Esports Tournament has been selected as a Capcom Pro Tour event, becoming one of just three tournaments in North America chosen to be a qualifier for the prestigious Capcom Cup.

The Capcom Cup is an annual Street Fighter 6 competition, hosted by video game developer and esports organizer Capcom, with a $1 million first place prize. Each year, Capcom selects a small number of tournaments worldwide to serve as Capcom Pro Tour events, with the winning players from each event qualifying for the Capcom Cup. As one of the tournaments selected by Capcom for the honor this year, Cream City Convergence will become the first esports event run by an NBA team to work with a major esports organizer.

Top-ranked Street Fighter 6 players will compete at Cream City Convergence when it returns for its second year on Saturday, Aug. 24, at Baird Center. In addition to Street Fighter 6, this year’s tournament will also have brackets for Tekken 8; Super Smash Bros Ultimate; Super Smash Bros Melee; and Guilty Gear: Strive.

eSports

Kambi and Abios Join ESIC as Anti-Corruption Supporters

Published

2 days ago

May 15, 2024

Niji Narayan

kambi-and-abios-join-esic-as-anti-corruption-supporters

Reading Time: < 1 minute

The Esports Integrity Commission (ESIC) has announced Kambi and Abios, its esports data subsidiary, as new ESIC Anti-Corruption Supporters. This partnership signals the alignment of Kambi’s longstanding commitment to corporate probity and sports integrity with ESIC’s ongoing battle against match-fixing and corruption in esports.

Kambi and Abios join a distinguished class of other Anti-Corruption Supporter stakeholders who have historically worked with ESIC to ensure that attacks against the competitive integrity of esports competition are appropriately reported and dealt with. Anti-Corruption Supporters assist ESIC in investigating suspicious betting activity, supporting ESIC’s broader mission to combat cheating and betting fraud in the esports industry. Kambi and Abios’ entrance into the Anti-Corruption Supporter class will see the entities actively work with ESIC to assist in ESIC’s mission to disrupt, prevent, investigate and prosecute all attempts to compromise competitive integrity in esport competition.

Abios’ Managing Director and Founder, Anton Janér, commented: “Our mission at Abios has always been to enable the sustainable growth of esports. As such, we’re incredibly excited to join ESIC in their mission to future-proof esports through combatting match-fixing and other integrity-related malpractices. Fair play is a crucial component in ensuring the viability of esports as a long-term community and investment and we hope to be able to support the industry together with ESIC going forward.”

Stephen Hanna, ESIC’s Chief Executive Officer, commented: “We are pleased to welcome Kambi and Abios as Anti-Corruption Supporters. Kambi and Abios are well trusted and recognised operators in their respective industries, and their entrance into the Anti-Corruption Supporter class of ESIC membership emphasises their shared commitment to upholding the highest standards of integrity and fair play within the esports industry.”

The post Kambi and Abios Join ESIC as Anti-Corruption Supporters appeared first on European Gaming Industry News.

eSports

Tundra Esports Announces New Official Supplier Partnership with Gladiator PC

Published

3 days ago

May 14, 2024

George Miller

tundra-esports-announces-new-official-supplier-partnership-with-gladiator-pc

Reading Time: 2 minutes

Tundra Esports, The International 11 Champions and a leading competitive esports team playing in Dota 2, proudly announces a game-changing collaboration with Gladiator PC, a pioneer in high-performance gaming technology as their Official Supplier.

As Tundra Esports continues its competitive success with its Dota 2 team on the road to the Esports World Cup, this alliance will provide top-of-the-line gaming hardware and solutions tailored to the players for the rigorous demands of the competitive scene.

This strategic partnership is a significant milestone for both as they join forces to elevate the team’s gaming experience on and off the stage. Both Tundra and Gladiator PC will combine their efforts in empowering the Dota 2 roster with their top of the range PC’s available. Through this collaboration, Tundra’s players and team members will benefit and showcase the award-winning systems to the next generation of avid gamers.

Together, Tundra and Gladiator PC aim to redefine what it means to compete at the highest level.

Maxim Demin Jr, Owner & Managing Director at Tundra Esports: “We are thrilled to embark on this journey with Gladiator PC. Their commitment to pushing the boundaries of gaming hardware aligns perfectly with our strategic vision of competitive excellence in esports.”

Gladiator PC shares Tundra Esports enthusiasm for this partnership. “Joining forces with Tundra Esports and their fighting spirit represents a commonality of shared goals. We strive to deliver unprecedented quality at the very best competitive pricing”, said Ian Fraser, Managing Director of Gladiator PC. “We are confident that our cutting-edge technology will enable Tundra’s players to unleash their full potential and dominate the competition.”

The collaboration between Tundra Esports’ and Gladiator PC promises to deliver groundbreaking advancements in gaming performance, setting a new standard for the esports industry. Fans and competitors alike can look forward to witnessing the impressive results of this dynamic partnership.

The post Tundra Esports Announces New Official Supplier Partnership with Gladiator PC appeared first on European Gaming Industry News.