Microsoft Corporation, an American multinational technology company has announced its acquisition of a five-year-old eSports platform company, Smash.gg for an undisclosed amount.
Smash.gg was founded in 2015 by a team of amateur players and fans active in the esports community. According to the website, it currently holds more than 6,000 active event organizers across a broad mix of games starting from battle royale, multiplayer, MOBA and more.
Smash took their Twitter account to announce this acquisition. They wrote, ” Today we’re excited to announce that Microsoft has acquired Smash.gg! With this acquisition, the Smash.gg community and tournament organizers will continue to benefit from the Smash.gg platform, while our team will now benefit from additional resources and support as part of the Microsoft Content Services Team.
For now, it’s business as usual as our combined team continues to support our community and tournament organizers. We’re excited about this acquisition’s potential to further empower the esports community and expand Smash.gg’s reach and scale.”
Though Microsoft confirmed its acquisition but didn’t disclose the information regarding the deal. MSN Esports Tweeted, “Big news everyone! @smashgg is joining us at Microsoft. Same great tournament organization features. Same amazing team. Even more support and opportunities. Get ready to play!”
Smash.gg has previously reported an $11m Series A investment round featuring investors such as Spark Capital, Accel, and Horizon Ventures.