ESL and DreamHack will combine
The tournament operators' ESL and DreamHack owner company MTG announced their combination. The press release says it was done to accelerate the overall mission to shape the future of eSports and game-making.
“This is an important step to cement our leading position in esport and gaming lifestyle, and an important milestone in our ownership in both ESL Gaming and DreamHack. The combination will create significant shareholder value both short term through the more efficient organization and operations and long term, through the superior products that the new combined entity can offer the market,” says Maria Redin, President and CEO of MTG.
ESL was founded in 2000 and is currently the largest tournament operator in eSports, which organizes its own championships in several disciplines under the ESL One, Intel Extreme Masters and ESL Pro League brands.
DreamHack was established in 1996 as an organizer of eSports tournaments and various game events. The company is known for its festivals, where concerts, exhibitions and other events take place alongside competitions for gamers.