IBM enters esports, Team Vitality opens facility in Stade de France | ESI Digest #13
Each week, ESI Digest breaks down what’s happening weekly in the esports industry and gives things meaning so you don’t have to. In addition to being hosted on YouTube, ESI Digest is also available on all major podcast platforms and in written form below.
This week on ESI Digest we cover Team Vitality’s new facility at Stade de France, OPL closure, G-Loot raises $56M, ReKTGlobal closes $35M and IBM enters esports .
Vodafone Giants establishes parent company Good Game Group
The founders of the Spanish organization Giants Gaming, known as Vodafone Giants through a sponsorship, created the Good Game Group.
Good Game Group’s eSports division consists of Vodafone Giants and recently acquired x6tence. The second area, GG Media, is responsible for entertainment and content creation. Esportmaníacos, Giants Gaming’s latest acquisition, will deliver live broadcasts on Twitch in 2021. BCN Fighters and GGM Studios will both review esports news – with the former focusing more on the fighting game community.
Riot Games is disbanding the Oceanic Pro League
Riot Games announced that the Australia and New Zealand-based League of Legends league, the Oceanic Pro League (OPL), will cease operations immediately.
Riot’s Sydney office will also be closed and players in the OCE region will be integrated into the North American player pool. 2021 Mid-Season Invitational and World Championship Qualifications will continue to be held for the region.
G-Loot secures $56 million in financing round
Swedish esports startup G-Loot secured $56 million (£43.2 million) in its latest funding round.
In addition to expanding its presence in North America, the capital will be used to prepare for the platform’s entry into console gaming and to further grow its audience. “In the future, we want eSports to be available to every player, in every game, on every device and everywhere.”
ReKTGlobal raises $35 million from Summit Partners
Global esports infrastructure company ReKTGlobal, the parent company of Rogue and London Royal Ravens, has raised $35m (£27m) in funding.
The leverage came from Summit Partners, a private equity and investment firm that has more than $21 billion (£16.2 billion) in assets under management. ReKTGlobal plans to continue expanding its product portfolio, attempt to accelerate growth by hiring additional executives, and further monetize its existing assets.
IBM enters esports with Overwatch League data and sponsorship deal
Global technology and data services company IBM has inked an analytics and sponsorship deal with the Overwatch League that runs through the 2022 season.
IBM is currently developing various data-driven solutions for the league using its IBM Watson artificial intelligence and cloud-based infrastructure. The company will develop tools to help the league process in-game data, create more accurate ranking information, and create predictive analytics items for broadcasts.
Team Vitality and Renault unveil Performance Center at Stade de France
The French organization Team Vitality, which works with the Renault Group, has strengthened its F1 esports team ahead of the new season.
A new performance development center in the heart of the Stade de France is dedicated exclusively to the training of Team Vitality athletes. The new facility, called Renault V.Performance, can accommodate up to three teams at the same time and is equipped to allow the team’s medical and sports teams to work directly on site.
ESI Digest is part of the ESI Network, a collection of podcasts all about the esports industry. For an in-depth look at key areas of esports with subject matter experts, visit ESI Focus. For conversations with key people and stakeholders in esports, ESI Insight is the series for you.
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