On June 28th, TGS Esports Inc. announced the company had completed its acquisition of Even Matchup Gaming. The deal, which was first announced back in April, was reportedly worth $890K.
“We have seen incredible growth over the last few years, and joining the TGS family will enable us to leverage the TGS team and infrastructure to offer more exciting events at a lower cost,” said Joseph Cribari, the CEO of Even Matchup Gaming. “With the backing of TGS, we are looking forward to expanding into new markets, developing key partnerships, and continuing to grow our player base.”
Following the closing of that acquisition, TGS announced it would be launching The Collegiate Championship Series. This is a first-of-its-kind esports development program that will feature competitions as well as $32K in scholarships and grants.
The Collegiate Championship Series is open to all Canadian college students. The series will take place virtually beginning on July 10th.
(All information was provided by Yahoo! Finance and Newswire)
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