15/08/2022

PlayStation Is Acquiring Repeat.gg

PlayStation is formally buying the esports event platform Repeat.gg, it was introduced in the present day. More particularly, Sony Interactive Entertainment, which homes PlayStation, is buying Repeat.gg. This marks simply the newest funding from Sony in esports following 2021’s three way partnership between the corporate and RTS to purchase the favored Evo gaming event.

Repeat.gg, in case you are not acquainted, hosts free and paid tournaments for all kinds of video video games from Fortnite to League of Legends. According to the official weblog publish asserting the acquisition, nothing about that may change regardless of the brand new possession. The platform isn’t all of a sudden going to turn into a PlayStation-only one and can proceed to assist video video games on different consoles in addition to PC and cell.

Repeat is worked up to announce we at the moment are part of the Sony Interactive Entertainment household, the house of @PlayStation and plenty of wonderful game studios.

Read extra right here -> https://t.co/YSTWDqCIMO pic.twitter.com/Nxa02HE4HF

— Repeat.gg – Tournaments (@Repeatgg) July 18, 2022

“At PlayStation, our vision for esports has always been about breaking down barriers for gamers to compete at all levels,” stated Steven Roberts, vp of worldwide aggressive gaming at Sony Interactive Entertainment, of the acquisition based on GamesIndustry.biz. “Together with the talented Repeat.gg team, we’re excited to explore more ways for players to engage in competitive gaming and expand the breadth of our esports offerings. This is just the start of our journey and we look forward to sharing more updates with our community in the future.”

“Repeat.gg was designed to enable new tournament formats that are easy to enter and scalable to millions of players,” stated Aaron Fletcher, CEO of Repeat.gg. “We’re thrilled to join the PlayStation team and work together to enhance the variety of tournament experiences gamers can enjoy, regardless of their skill level.”

The actual wording of the announcement makes it somewhat unclear whether or not the acquisition has already occurred or that it’ll occur. The actual phrases of the deal haven’t been revealed, and whereas the tweet embedded above makes it sound prefer it’s a achieved deal as of in the present day, the weblog publish it hyperlinks out to as a substitute signifies that that is merely the announcement that Sony Interactive Entertainment has struck a deal to amass Repeat.gg. While it’d simply be a formality in the long term, there’s a important authorized distinction between the 2. You can try all of our earlier protection of PlayStation on the whole proper right here.

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What do you concentrate on PlayStation buying Repeat.gg? Have you used the esports platform earlier than? Let us know within the feedback, or be at liberty to achieve out and hit me up instantly over on Twitter at @rollinbishop with the intention to speak about all issues gaming!