The video game firm Ampverse recently announced it had acquired a controlling stake in SBTC Esports. The financial details of the agreement have not been revealed at this time.
This deal is expected to be mutually beneficial to both organizations. According to a press release, it will allow the companies to “scale its community and amplify its merchandise line.”
“We have always wanted to enter the Vietnamese market and we have been impressed with the story of SBTC,” said Matthias Beyer, the Chief Gaming Officer at Ampverse. “We want to work with dynamic co-founders, who represent the community locally in an authentic way. We at Ampverse are very delighted to welcome SBTC into its family and officially expand into one of the most vibrant esports markets, Vietnam.”
Ampverse is an Asian marketing and advertising company that was founded in 2019. The organization has already established a presence in Singapore, Thailand, India, and Vietnam.