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XSplit Developer, Splitmedia Labs, Acquires Player.me and Challonge

 

It looks like the folks behind the massively popular XSplit streaming software, SplitmediaLabs, are set to shake up the gaming industry as a whole with the announcement of their acquisition of Player.me, a social media platform designed for gamers, and Challonge, the world’s most popular online tournament management service.

The acquisition is part of the company’s current $10 million investment strategy with the goal of creating a singular platform that combines the technologies of both Player.me and Challonge to give both tournament organizers, competitive players, and their fans, a venue to easily organize, manage, and join tournaments as well as discover and connect with each other.

“Both products deliver the best in class experience in their respective areas. To date we’ve been mainly focused on maintaining leadership and driving organic growth of XSplit, but these acquisitions will move us into the realm of providing more services for the gaming community as part of a grander vision,” said Henrik Levring, CEO of SplitmediaLabs.

“There has been tremendous growth in our particular space recently, but very little coming out is truly different,” continues Levring. “We’re going to shake things up a bit over the next few years, by making streaming opportunities as accessible and rewarding as possible for all, from individual players and content creators to esports entrepreneurs and publishers. We’ll have more to reveal about these plans soon.”

The combined platform will have a total of over 8 million registered users, 2 million unique monthly visitors, and over 90,000 tournaments created each month. SplitmediaLabs didn’t mention when the new entity would launch and what it would be called but it will definitely change the way fans, competitive players, and organizers connect with each other, in a big way.