Modern Times Group (MTG) has confirmed its acquisition of Scandinavian e-Sports operator DreamHack for a SEK 244 million (Euro 26.1 million) consideration.
This year MTG's previously acquired shares of e-Sports company Turtle Entertainment, ESL brand owner.
“This complements our recent investment in ESL, and reinforces our commitment to video gaming as one of the most watched and fastest growing online video categories,” said Jørgen Madsen Lindemann, president and chief executive of MTG.
Marcus Lindmark, chief executive for DreamHack said, “DreamHack is already Sweden's largest digital festival; MTG's investment will not only enable us to consolidate our position, but also accelerate the international expansion of our festivals across the globe.”
Your feedback
Please enter your comment.
Your comment is added.
Comments (1)
GREGJO
11/21/15, 09:11:04 PM
I think this is a very good deal and their investment will be back in a very short time. E-sports is more and more popular its development is almost unstoppable....
I think this is a very good deal and their investment will be back in a very short time. E-sports is more and more popular its development is almost unstoppable. Bettors have discovered this new world but they need for more informations including livescore and streaming possibility.
Show more
