Swedish media giant MTG now effectively owns both DreamHack and ESL
MTG bought full control of DreamHack from its current owners for 244 million SEK (about $28 million). DreamHack's existing management will remain in charge of the company as it looks to expand its range of LAN events in 2016.
The move follows MTG's purchase of a majority stake in ESL in July, meaning it now controls two of the biggest esports organizers in the world.
MTG and DreamHack have a history of working together, with the companies partnering in 2013 to build their Stockholm studio.
DreamHack's current 2016 schedule has seven events on the cards, including a North American debut in May in Austin. Its last event, Cluj-Napoca, hosted the year's final Counter-Strike major. DreamHack Winter takes place in Jonkoping later this month, with the Counter-Strike FaceIt League finals and a $40,000 Hearthstone major taking center stage.
Photo via DreamHack/Flickr