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ESL Gaming and FACEIT Merger Will Create Major Esports Organizer

ESL FACEIT merger will create the second largest esports tournament organizer after Riot Games

ESL Gaming and FACEIT, two of esports biggest event organizers, were recently purchased in a $1.5 billion deal by Savvy Gaming Group. The merger is set to be completed next quarter, and the two companies report they will co-exist in the esports space. Stream Hatchet has analyzed the data and here are some insights on what this merger means for the esports space: