Add-on Acquisition • Internet Software and Services

Global Gaming Technologies Acquires Videre eSports

On March 6, 2019, Global Gaming Technologies acquired internet software and services company Videre eSports

Acquisition Context
  • This is Global Gaming Technologies’ 1st transaction in the Internet Software and Services sector.
  • This is Global Gaming Technologies’ 2nd transaction in Canada.
  • This is Global Gaming Technologies’ 1st transaction in British Columbia.

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M&A Deal Summary

Date March 6, 2019
Target Videre eSports
Sector Internet Software and Services
Buyer(s) Global Gaming Technologies
Deal Type Add-on Acquisition

Target Company

Videre eSports

Vancouver, British Columbia, Canada
Videre eSports Corp. is a provider of a software platform for eSports betting sector. The platform currently offers eSports bets and event statistics, both pre-game and live. Videre eSports is based in Vancouver, British Columbia.
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Buyer Overview 1

Buyer

Global Gaming Technologies

Vancouver, British Columbia, Canada

Category Company
Founded 2010
Sector Business Services
DESCRIPTION

Global Gaming Technologies is an investment company providing investors access to a basket of holdings within the blockchain space, managed by a team of industry pioneers and early adopters of various cryptocurrencies. Global Gaming Technologies was founded in 2010 and is based in Vancouver, British Columbia.


Deal Context for Buyer #
Overall 2 of 2
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 2 of 2
State: British Columbia 1 of 1
Country: Canada 2 of 2
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-11 X2 Games

Toronto, Ontario, Canada

X2 Games Corp. is an independent games publisher for cutting edge games that integrate Blockchain Technology and Cryptocurrency into the user’s game experience. Their business model is building multiplayer gaming experiences, providing never-been-seen-before-design and animation services and integrating technologies such as augmented/alternate/virtual reality into video games. X2 Games uses new technologies to create unique game experiences for conventional and experimental platforms. With the industry poised to hit $138 billion USD by year’s-end1. X2 Games is positioning itself to be a world leader in the next-generation of gaming.

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