Connect with us

Esports

Complexity Gaming Acquired By GameSquare Esports For $27 Million

Published

on

Photo Credit: The photo was taken from the social media of the people mentioned in the title. If the photo owner wants us to remove, we will do it immediately.

Complexity Gaming is a North American esports organization that competes in the games such as Apex Legends, Hearthstone, Valorant, and many more. Mostly, they are known from their success in CS:GO scene.

Yesterday, Complexity Gaming announced via their official website that they have joined the GameSquare Esports family, which will make them available for public trading the shares.

Even though Complexity Gaming sold out to a different company, they will continue competing in the tournaments under the same name. Additionally, all the rosters of Complexity Gaming will remain the same.

“Big news today: Complexity is growing, diversifying and expanding our gaming family,” CEO of Complexity Gaming Jason Lake said. “I’m very happy to announce we’ve joined GameSquare Esports and will now be publicly traded!”

This update might also mean that Complexity Gaming could expand its player numbers by competing in different games. League Of Legends and Rainbow Six Siege might be the closest ones, but there is no confirmation about that yet.

Here is the official announcement from Complexity Gaming:

“Complexity Gaming today announced that it has been acquired by international gaming and esports company GameSquare Esports Inc. Complexity will join GameSquare’s growing portfolio of esports and gaming organizations, which includes Code Red Esports Ltd., and GCN, Inc. (Gaming Community Network) as well as minority ownership of League of Legends team Rainbow7 and Crossfire team LGD.REC.

GameSquare’s capabilities in content creation, merchandising, sales, marketing, and branding will complement Complexity’s storied legacy in the space, unparalleled industry know-how, and expertise in scouting organic gaming talent, recruiting players, and molding them into premier esports athletes.

With decades of experience at the intersection of esports, entertainment, and traditional sports, the resulting entity will create operational efficiencies that will power the best esports experiences for teams, players, brands, and fans.”

Further in the announcement, the organization also stated Jason Lake will remain as the CEO of Complexity Gaming and also be the Global Head Of Esports for GameSquare.

If you got any tips and feedback, mail me please: eren@gaimer.net





Trending