Sony has acquired esports tournament platform Repeat.gg. With this acquisition, Sony hopes to bolster PlayStation’s impact in the competitive esports industry and give its dedicated customer base access to "more resources, game titles, and technology." The brand has also recently acquired stakes in EVO, the world’s largest fighting game tournament, back in 2021.
Sony advises that while the deal will primarily focus on the PlayStation platform, the Repeat.gg platform will also continue to support tournaments and game competitions for other platforms, including PC, mobile, and other consoles.
"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," said Sony Interactive Entertainment’s Steven Roberts. "This is just the start of our journey and we look forward to sharing more updates with our community in the future."
Esports Tournament Platforms
Sony Acquires Repeat.gg in an Effort to Bolster Its Esports Presence
Trend Themes
1. Esports Tournament Platforms - As esports continues to grow in popularity, there is increasing demand for user-friendly and innovative tournament platforms that can support a wide range of games and platforms.
2. Expansion of Esports Offerings - Companies that can offer diverse and engaging esports experiences across multiple platforms stand to gain significant market share in the competitive gaming industry.
3. Acquisitions in Esports Industry - With more traditional companies investing in esports and acquiring tournament platforms, there is potential for disruptive innovation and increased competition in the industry.
Industry Implications
1. Gaming Industry - Esports tournament platforms are a key part of the gaming industry, and companies that can develop innovative and accessible platforms for players on multiple devices and platforms stand to profit in this rapidly-growing industry.
2. Technology Industry - Esports tournament platforms require cutting-edge technology to deliver seamless and engaging experiences, presenting opportunities for tech companies to create new products and services for the esports market.
3. Media Industry - As esports continues to gain mainstream popularity and legitimacy, media companies that can provide comprehensive coverage of tournaments and events have the potential to attract a large and dedicated audience.