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Azubu acquires rival eSports streaming service Hitbox and plans to launch mobile-focused platform

Date Type Companies involved Size
January 11th, 2017 acquisition Azubu
Hitbox
Not disclosed
Azubu acquires rival eSports streaming service Hitbox and plans to launch mobile-focused platform

Livestreaming service Azubu has acquired Vienna-based eSports streaming service Hitbox for an undisclosed sum.

The announcement was made by Hitbox by its co-founder & CEO Martin Klimscha, who wrote that the acquisition will allow Hitbox to scale and expand its services and team to support its existing community.

The platform will remain separate from Azubu "for the time being" and continue on as usual. Hitbox will also work with Azubu to launch a new platform that will focus on mobile users and monetisation.

Long term visions

"We chose Azubu because with them we can continue to do what we love most: create great technology for gamers and esports fans," wrote Klimscha.

"Azubu’s new CEO Mike McGarvey and his team share our values and long term vision and they believe in the community as we do."

Abuzu has previously bigged up the potential of mobile eSports, with its VP Product & Partners Loic Argelies saying in January 2016 that "mobile eSports has the potential to be as big as desktop but I think it will take 12 to 18 months for the market to develop".


Editor

Ric is the Editor of PocketGamer.biz, having started out as a Staff Writer on the site back in 2015. He received an honourable mention in both the MCV and Develop 30 Under 30 lists in 2016 and refuses to let anyone forget about it.

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