In The News
Unity is now valued at $6 billion, GI.biz’s Brendan Sinclair writes. “The company today announced a tender offer to buy up to $525 million of the company from common shareholders … Silver Lake’s investment put Unity’s valuation at a reported $2.6 billion; Unity has said today’s tender offer doubles its valuation to $6 billion.”
Focus Home Interactive saw revenue jump year-over-year, GI.biz’s Rebekah Valentine reports. It posted “a Q1 record 49% growth year-over-year to €42.6 million ($47.5 million) largely thanks to the success of World War Z. Broken down, 85% of the €42.6 million came from digital sales, and 87% came from international sales.”
The Department of Education awarded Schell Games $900,000 to “expand its VR app HistoryMaker VR into a ‘robust, immersive learning tool,’” Gamasutra’s Alissa McAloon reports.
Interviews: Microsoft’s Satya Nadella (GI.biz).
Extra Esports News:
Red Bull announced the second season of M.E.O.
Strafe has raised “$3 million for its esports companion app and betting game. The seed funding comes from Bitkraft Esports Ventures, which has been a prolific investor in the esports market,” VentureBeat’s Dean Takahashi reports.
AoE Creative received an investment from aXiomatic, Esports Insider’s Adam Fitch writes. “The amount that aXiomatic Gaming invested wasn’t disclosed at the time of writing.”
Rogue launched a premium subscription program, TEO’s Andrew Hayward reports. “The premium membership levels offer increasing benefits, such as the ability to play with Rogue pro players and receive Rogue merchandise.”
The Electronic Gaming Federation is hosting “the national interscholastic high school esports championship tournament, June 12-14, 2020, featuring the best high school esports teams in America” in conjunction with ESPN Wide World of Sports Complex, a press release reads.
UK Esports Awards is partnering with “e-commerce store Zavvi and Funko POP! Vinyl subscription service Pop In A Box both showing support. Both companies will sponsor an award on the night, with Zavvi sponsoring the ‘Player of the Year’ award and Pop In A Box supporting the ‘Organisation of the Year’ award,” Esports Insider’s David Hollingsworth reports.
IN: Turbopolsa joined NRG Esports.
Happy birthday James “Kaelaris” Carrol!