Oddin.gg Acquired 1000 Lives' Esports Division to Create Jotun.gg
Colin Smith — April 29, 2022 — Tech
References: oddin.gg & esportsinsider
'Oddin.gg,' the Czech Republic-based live esports service provider, has announced the acquisition of Thousand Lives' esports division. Oddin.gg will rename this newly-acquired division to 'Jotun.gg,' and it will become a dedicated esports marketing service provider. Jotun.gg will handle various marketing-related services for Oddin.gg, including but not limited to campaigns, partnerships, and tournaments.
The name Jotun comes from the name for "a member of the mythological race of giants from Norse mythology," while Odin is the name of the god-king in Norse mythology. The name Jotun was selected for the brand's marketing division as it matches with the company's large, ambitious goals for the company. Vlastimil Venclik, CEO of Oddin.gg, stated that the division will take "a gigantic, 360-degree approach that will touch on every area of our clients' esports needs."
Image Credit: Oddin.gg
The name Jotun comes from the name for "a member of the mythological race of giants from Norse mythology," while Odin is the name of the god-king in Norse mythology. The name Jotun was selected for the brand's marketing division as it matches with the company's large, ambitious goals for the company. Vlastimil Venclik, CEO of Oddin.gg, stated that the division will take "a gigantic, 360-degree approach that will touch on every area of our clients' esports needs."
Image Credit: Oddin.gg
Trend Themes
1. Esports Marketing Services - The acquisition of Thousand Lives' esports division by Oddin.gg to create Jotun.gg highlights the trend of dedicated esports marketing service providers.
2. Acquisitions in Esports Industry - The acquisition by Oddin.gg of Thousand Lives' esports division shows a trend of consolidation in the esports industry as companies seek to expand their service offerings.
3. Mythology-inspired Branding in Esports - The name Jotun.gg, inspired by Norse mythology, reflects a trend of using unique and memorable branding strategies in the esports industry.
Industry Implications
1. Esports Marketing - The creation of Jotun.gg presents an opportunity for disruptive innovation in the esports marketing industry by providing dedicated marketing services to a growing market.
2. Esports Services - The consolidation trend in the esports industry provides an opportunity for disruptive innovation in the services sector by creating comprehensive solutions for clients' esports needs.
3. Branding and Design - The trend of unique and memorable branding strategies in the esports industry presents an opportunity for disruptive innovation in the branding and design industry by creating innovative and impactful campaigns.
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