According to a report by eSports Observer, Activision Blizzard has acquired the vast majority of Major League Gaming’s assets in a deal believed to be worth $46m (£31.1m).
This would essentially mean the end of Major League Gaming, at least in its current form. MLG was once the biggest eSports company in North America though it suffered a recent blow as it lost out on hosting the Call of Duty World League to rival organisation ESL.
The story also states that Co-Founder and CEO of MLG, Sundance DiGiovanni, has left his position and is to be replaced by CFO Greg Chisholm.
It is believed this deal was struck with the Board of Directors at MLG on December 21st without any prior discussion between them and shareholders of the company. The site which
broke the story, eSports Observer, included a letter it had acquired which was from the board to company shareholders to inform them that the sale had taken place.
Activision Blizzard launched its eSports division in October, and hired former MLG man and Co-Founder Mike Sepso as Senior Vice President as well as former ESPN CEO Steve Bornstein.
Should this report be confirmed, it is a deal which will change the eSports landscape and make 2016 look set to be an even more exciting year for the industry.
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