Activision Blizzard reportedly buys Major League Gaming

Written by Louis

January 1, 2016

A potential shift might be brewing in the horizons of MLG’s gaming tournament titles.

Major League Gaming, formerly hailed as North America’s biggest Esports company has reportedly being bought by Activision Blizzard for $46 Million.

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Excerpt by EsportsObserver.com

In a special meeting by MLG board members held last December 21, 2015, the company has thought be going out of business following multiple debts amounting to $6 Million. During the course of the meeting, MLG’s Board of Directors voted to agree on the Asset Purchase agreement giving Activision Blizzard rights to a large chunk of MLG’s assets. While MLG has hosted Blizzard and Activision game titles in its tournaments such as Star Craft II and Call of Duty, fans are anxious as to what the purchase could mean towards the other current titles which are deemed “rivals” of Blizzard and Activision’s titles such as Dota 2, League of Legends, and Smite, MOBA titles that share similar elements to Blizzard’s Heroes of the Storm, and as well as FPS titles such as Counter Strike Global Offensive and Halo.

While no game lineup changes have been announced yet following this purchase, we all might expect a major shift regarding how MLG handles their future tournaments and events, and how Activision Blizzard would take advantage of this situation.

 

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