Esports infrastructure company Vindex is set to acquire GAME’s Belong gaming arena division, according to a report from the Financial Times. Vindex, which was founded by MLG co-founders Mike Sepso and Sundance DiGiovanni, launched in October following a launched with $60 million (£46.6 million) Series A. Credit: Belong
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Game Digital will continue running the gaming arenas as a licensed operator in the U.K. and Spain, while Vindex will be provided an exclusive license agreement for the Belong Gaming brand within those specific regions. GAME operates over 500 video game retail stores and launched Belong in 2016 to build a network of local gaming communities that play, watch, and compete together in state-of-the-art gaming centers. Vindex will operate Belong Gaming in the US from its New York headquarters, and immediately begin rolling out Belong Arenas across the country. Vindex is acquiring the Belong Gaming Arenas brand and all associated IP, and plans to open more than 500 locations across the United States. UK-based retailer Game Digital , which launched the Belong brand in 2016, will continue to own and operate all arenas in the UK and Spain through an exclusive license agreement. Vindex is the leading esports infrastructure platform. The company operates global platforms, technology and services that power the richest experiences in esports and help the world’s leading game publishers, esports leagues and teams deliver deeply engaging experiences to fans around the world.
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Game Digital will continue running the gaming arenas as a licensed operator in the U.K. and Spain, while Vindex will be provided an exclusive license agreement for the Belong Gaming Vindex will operate Belong Gaming in the US from its New York headquarters, and immediately begin rolling out Belong Arenas across the country. The deal marks the next phase in Vindex’s vision to support the growth of the global esports industry and to bring amateur esports to hometowns across the country, and around the world.
Sepso’s New York-based Vindex spent a reported $50 million this week to buy Belong Gaming from UK billionaire Mike Ashley’s Game Digital Limited, the largest video game retailer in the U.S
Vindex has said that it plans to invest $300 million in the Belong brand over the next five years and intends to open over 500 arenas in the United States as well as 1,000 locations around the world. With Vindex readying-up to build Belong overseas, we’re excited to see more arenas popping up globally in 2021. Let us know where you think we’ll be going next! Stay connected with us this holiday by joining our Discord server and following us on Twitter and Facebook.
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The news comes via the Financial Times, Vindex acquires GAME’s Belong Gaming Arenas Esports infrastructure firm Vindex acquired GAME’s Belong gaming area division and has lofty plans for the model. Vindex intends to speculate $300 million in Belong over the following 5 years, opening over 500 esports venues in the USA and an additional 1,000 in different nations, with a deal with Vindex is an eSports infrastructure based in New York. The company was set up by Sundance DiGiovanni and Mike Sepso, founders of Major League Gaming, which has since become part of Activision Blizzard.
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Esports infrastructure company Vindex has hired Pablo Arizmendi-Kalb as the new chief operating officer of Belong Gaming Arenas. In his new role, Arizmendi-Kalb will take the reins of “multi-unit retail operations” as part of Belong’s expansion to hundreds of locations throughout the United States. Prior to joining the Vindex family, Arizmendi-Kalb spent two years as […] Vindex, the leading global esports infrastructure company, announced today that it has acquired the Belong Gaming Arenas brand and all associated IP from GAME DIGITAL LIMITED ("GAME"), the largest Vindex will operate Belong Gaming in the US from its New York headquarters, and immediately begin rolling out Belong Arenas across the country. The deal marks the next phase in Vindex's vision to Vindex will operate Belong Gaming in the US from its New York headquarters, and immediately begin rolling out Belong Arenas across the country.