Immortals Gaming Club announced the acquisition of Infinite Esports & Entertainment, the parent company of OpTic Gaming. The deal values Infinite at more than $100 million in enterprise value. It also represents the largest ownership change transaction in esports history, the companies claim, and it makes Immortals one of the world’s largest esports organizations.
IGC now has four distinct brands (Immortals, OpTic, MIBR and L.A. Valiant) and a presence in both franchised esports leagues (League of Legends Championship Series and the Overwatch League).
GamesBeat