Southeast Asian esports firm Ampverse has announced the acquisition of a controlling stake in Vietnamese esports organisation SBTC Esports. Financial terms of the acquisition were not disclosed.
According to the press release, the acquisition will allow the organisation to ‘scale its community and amplify its merchandise line’.
Matthias Beyer, Chief Gaming Officer at Ampverse, spoke on the acquisition in a release: “We have always wanted to enter the Vietnamese market and we have been impressed with the story of SBTC.
“We want to work with dynamic co-founders, who represent the community locally in an authentic way.