HomeeSportsMicrosoft Acquires Smash.gg Esports Platform

Microsoft Acquires Smash.gg Esports Platform

Microsoft Acquires Smash.gg Esports Platform

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icrosoft has acquired esports tournament platform, Smash.gg, in an effort to “expand their offerings” after shutting down the Mixer live streaming site.

Smash.gg, which was formed in 2015 and is popular due to being the unofficial ‘home’ for fighting game esports such as Super Smash Bros., confirmed the news on its Twitter account, saying its community will still “benefit from the Smash.gg platform”.

“With this acquisition, the Smash.gg community and tournament organisers will continue to benefit from the Smash.gg platform, while our team will now benefit from additional resources and support as part of the Microsoft Content Services team,” Smash.gg said on Twitter.

“For now, it’s business as usual as our combined team continues to support our community and tournament organisers.

“We’re excited about this acquisition’s potential to further empower the esports community and expand Smash.gg’s reach and scale,” the platform said.

The financial terms of the acquisition were not made public, but in 2017, Smash.gg raised $14.8 million in a Series A funding round, with Spark Capital, Accel, and Horizon Ventures leading the investments.

In a statement on the Smash.gg website, the company also said they are excited to join Microsoft.

“Since we started in 2015, our goal has been to build active esports scenes around the games people love to play,” the statement said.

“Today we’re excited to take the next step in that journey by joining Microsoft to help strengthen our existing relationships and explore new opportunities.

“Smash.gg will continue as a self-service esports platform available to tournament organisers from all game communities,” they said.

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