eSports is one of the biggest gaming trends lately. Nearly all the big companies in the gaming industry want to find or acquire an eSports platform. Many companies have attempted it, and another one is happening. PlayStation acquired one of the most prominent eSports platforms, Repeat.gg, and it’s been a surprise for everyone.
The platform offers its strategy and analytics to keep players in the game. It has a significant user scale and has hosted thousands of eSports matches. Especially the amateurs are heading up to the platform and improving themselves by matching the other users. The platform is competing with others like ThirdVerse and Dive. Repeat.gg isn’t the biggest platform in the eSports market, but PlayStation’s acquisition might carry it to the lead.
After Bungie, PlayStation Buys Repeat.gg Platform
The company’s investments in the online gaming market are getting more significant. Last week, the acquisition of Bungie was completed, and the developer of Destiny 2 belonged to PlayStation. It was a substantial investment for the company, and Repeat.gg’s acquisition is the sequel to it. It’s not clear how much Sony paid for the platform, but we know Sony will have a profit if they keep their investments in the Repeat.gg platform.
The platform has more than 2M users and organized more than 100K tournaments. These statistics make it one of the biggest eSports platforms yet. The platform’s budget restricted the rewards’ quality in the platform. Considering that it belongs to Sony now, we can expect a more capable system and prizes. The team says:
“Together with the talented Repeat.gg team, we’re excited to explore more ways for players to engage in competitive gaming and expand the breadth of our esports offerings. This is just the start of our journey, and we look forward to sharing more updates with our community in the future.”
We’re wondering about PlayStation’s next moves to compete with its rivals. How do you comment on the acquisition? Let us know in the comments section.