HyperLive Entertainment has acquired mobile esports organization Nova Esports as the company moves to take control of Nova’s international operations outside of China. The division will be renamed Nova Hyper Esports, and HyperLive will focus its attention on designing a headquarters location for Nova in Singapore. A press statement claims that establishing a headquarters in Singapore will help the company "grow a worldwide reputation" and offer up new collaborative opportunities between Nova and other companies.
Nova Hyper Esports will now shift its attention to acquiring new international rosters in Vietnam, Indonesia, and Thailand. The organization currently holds rosters in Honor of Kings, Call of Duty: Mobile, PUBG Mobile, and League of Legends: Wild Rift.
"We have been very impressed by the exceptional performances of the Nova Esports’ international teams this year and we hope to achieve greater milestones in the future. We also intend to build our presence in Southeast Asia and compete in game titles that are popular in the region," said Dr. Sean Wong, CEO of HyperLive Entertainment.
International Esports Acquisitions
HyperLive Entertainment Acquires a Part of Nova Esports
Trend Themes
1. Mobile Esports Acquisitions - Mobile esports organizations are being acquired by larger entertainment companies looking to expand their global reach and capitalize on the growing popularity of mobile gaming.
2. International Esports Expansion - Esports organizations are expanding their operations internationally, particularly in Southeast Asia, in order to tap into new markets and fans around the world.
3. Headquarters Development - Companies are investing in developing headquarters locations for their esports operations in order to establish a strong presence in key regions and create collaborative opportunities with other industry players.
Industry Implications
1. Entertainment - Entertainment companies are acquiring mobile esports organizations to expand their offerings and capitalize on the growing popularity of mobile gaming for both casual and professional players.
2. Esports - Esports organizations are expanding internationally and investing in headquarters development to establish a strong presence in new markets and create collaborative opportunities with other players in the industry.
3. Gaming - The continued growth of esports and mobile gaming is creating new opportunities for companies to invest in and leverage the popularity of these industries to expand their reach and offerings.