KSV, the esports team company started by Kabam cofounder Kevin Chou, is announcing today it has acquired Samsung Galaxy, an esports team that recently won the big League of Legends world championship title.
The addition of the South Korean team gives KSV control of four major esports teams across games such as League of Legends, Overwatch, Heroes of the Storm, and PlayerUnknown’s Battleground. The common thread is that all of the teams are based in South Korea, where esports is a kind of religion. KSV believes that its focus on the Korean teams will help it become a contender in the global esports market, since the Koreans are so competitive in esports, which is expected to become a $1.5 billion to $2.5 billion market by 2020, according to market researcher Newzoo.
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