Immortals Gaming Club has officially acquired Infinite Esports & Entertainment, which is the parent company of OpTic Gaming and the Houston Outlaws.
Per the deal, Infinite Esports & Entertainment, will become shareholders in Immortals Gaming Club, and Neil Leibman will now join the board alongside Steve Cohen, Meg Whitman, and Steve Kaplan.
“Today, we announced a transformative transaction for our organization and a landmark transaction for our industry” Ari Segal, CEO of Immortals Gaming Club said. “Across our family of brands, OpTic; MIBR; LA Valiant; and Immortals, IGC’s total audience size is nearly three times larger than our nearest competitors.
“At the same time, our multi-brand strategy enables us to tailor content, messaging, voice, and experience for distinct communities and audience segments, driving deeper engagement and affinity. Armed with these brands, the best fans in esports, the legacy and tradition of great teams and players, and a newly reinforced and strong balance sheet, IGC is positioned to be a market leader and model organization.”
“We remain excited by IGC’s vision for building the Los Angeles Valiant, and in order to ensure competitive integrity, as a condition of approving this merger, IGC will operate the Valiant and the Houston Outlaws as entirely separate entities with close oversight from the League Office” Pete Vlastelica, President/CEO of Activision Blizzard Esports Leagues stated. We believe this merger and temporary operational agreement is in the best interests of both teams.”
