Xsplit company acquires social service Player.me and tournament platform Challonge

The firm behind the Xsplit game broadcasting tool is expanding its presence as a platform company once again.

SplitmediaLabs has acquired Player.me and Challonge as part of its strategy to connect with gamers around the world. This is part of the company’s $10 million investment into various aspects of the gaming business. Player.me is a social network for gaming fans. It is a way for people to talk about what they’re playing and to see what others are saying about upcoming releases. Challonge is an esports tournament site that makes it easy to start a bracket and manage it. Xsplit is already a popular tool in the $3.8 billion gaming-video market, but with these new acquisitions, SplitmediaLabs is looking to make a bigger play toward a wider business opportunity.