Activision Blizzard Purchases Major League Gaming (MLG)

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Call of Duty developer purchases North American eSports Giant

Major League Gaming, better known as MLG has reported been bought by Call of Duty developer Activision.  Activision is said to have purchased “substantially all” of MLG’s assets for the price of $46 million bringing an end to the popular esports company.

According to online reports, a special meeting was held on December 21st where the company’s board of directors authorized the sale of the company’s assets to the Call of Duty & World Of Warcraft company.  MLG CEO Sundance DiGiovanni has been removed from his position and is being replaced by  former MLG CFO, Greg Chriholm. Earlier in 2015, MLG’s co-founder Mike Sepso left the organization to join Activision’s newly created esports division.

Major League Gaming was formed in 2002 by DiGiovanni and Sepso and held esports events across the United States featuring games such as Call of Duty and Halo with more PC based titles being added to their games roster as the years rolled on.  This isn’t the first time that Activision Blizzard has purchased esports related assets, in 2013 they purchased the assets of the failed IGN Pro League which formed the basis for their esports division.

 

Source :

Destructoid

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