Sports betting service provider Kambi Group has announced the acquisition of esports data and technology company Abios for SEK150m (~£12.57m) in cash.
In addition, up to SEK120m (~£10.05m) will be paid in earnouts related to product development and Abios’s ‘future revenge performances’. As a result, the acquisition could eventually total SEK270m (~£22.63m).
Since its launch in 2013, Abios has provided data, odds and visualisation services to sports betting operators such as Kindred Group, LeoVegas Group and Pinnacle Sports.