Activision Blizzard Acquires the Business of MLG

Activision Blizzard has officially acquired Major League Gaming. MLG is a leader in creating and streaming premium live gaming events, organizing professional competitions and running competitive gaming leagues.

Bobby Kotick, Chief Executive Officer of Activision Blizzard, said, "Our acquisition of Major League Gaming's business furthers our plans to create the ESPN of esports. MLG's ability to create premium content and its proven broadcast technology platform - including its live streaming capabilities - strengthens our strategic position in competitive gaming. MLG has an incredibly strong and seasoned team and a thriving community. Together, we will create new ways to celebrate players and their unique skills, dedication and commitment to gaming. We are excited to add Sundance and the entire MLG esports team to our competitive gaming initiatives."

Curiously enough, Activision's biggest property - The Call of Duty series, was handed over to MLG's rival ESL for gaming competition purposes. I'm mostly interested to see what Blizzard might do with this for its own competitive gaming scene. Here's hoping it ramps up some things for Heroes of the Storm and Starcarft II.

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