VSPN Completes Acquisitions of Banana Gaming & Media

Chinese language esports options supplier VSPN (Versus Programming Community) introduced Friday that it has accomplished its acquisition of Banana Gaming & Media. Monetary phrases of the acquisition deal weren’t accessible on the time of writing.

VSPN mentioned in its announcement that Banana Gaming & Media will retain its present operations and stay an unbiased subsidiary of the group. Banana Gaming & Media founder Sicong Wang will function the vice chairman of the group’s technique committee.

Banana Gaming & Media has workplaces in Shanghai and Xi’an, China, and Seoul, South Korea. The corporate has been concerned in such esports competitions for PUBG Mobile, Brawl Stars, FIFA 4 Online, and lots of different main esports titles.

In October of 2020, VSPN raised close to $100M USD in a Series B financing round led by Tencent Holdings, with participation from different buyers together with Tiantu Capital, SIG (Susquehanna Worldwide Group), and Kuaishou.

VSPN handles manufacturing for among the greatest competitions in Asia together with League of Legends Rift Rivals, King Pro League (KPL), and the PUBG Mobile Club Open (PMCO) International Finals.

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Donovan Larsen

Donovan is a columnist and associate editor at the Dark News. He has written on everything from the politics to diversity issues in the workplace.

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