Just a few weeks ago, they became world champions in LoL, and now they have a new employer. The League of Legends champs from Samsung Galaxy have a new owner and will soon carry a new name.
A month ago, we reported on the monumental battle between the two LoL teams Samsung Galaxy and SK Telecom T1 for the world championship in LoL. Samsung Galaxy took the trophy from the hands of LoL god Faker with a triumphant 3:0 victory, claiming the title of the world’s best LoL team for at least a year.
After that, the team extended the contracts of Ambition, Ruler, Crown, and the others.
As now known, the eSports company KSV has acquired the Samsung Galaxy team. This means KSV now has four major eSports teams under contract.
Teams of the company now compete in League of Legends, Overwatch, PlayerUnknown’s Battlegrounds, and Heroes of the Storm. All these teams are based in Seoul, South Korea, the center of eSports. The PUBG and HotS teams are among the best in the world. The LoL team is now as well.
Made rich from mobile gaming, now KSV the 4th top eSports team
Behind KSV eSports is Kevin Chou, who is co-founder of the mobile gaming company “Kabam.” The company made a fortune with apps, Facebook games, and other mobile games. According to Gamesbeat, Kabam was sold in parts for more than $800 million to Netmarble and Fox. This happened in February 2017. So there’s a lot of capital that has flowed into the new company “KSV.”
KSV is an eSports company that is making waves in South Korea. The company refers to itself as a “collaboration of Silicon Valley and South Korea.“
According to Kevin Chou, the idea was considered from the start to enter LoL and saw the perfect opportunity now that Overwatch is running. Although they initially thought they had little chance of poaching Samsung’s popular LoL team, the discussions began, and everything went quite quickly.
Now with an Overwatch team (Seoul Dynasty) and a LoL team, KSV sees itself in the ideal position to become a global player in eSports.
New name for the best LoL team in the world is not yet known
According to Chou, KSV’s plan is to become the dominant force in eSports from South Korea and to aim for worldwide success, improve the players, and bring them to a global stage. They see eSports as a global growth market. Apparently, KSV is looking more towards China than North America after Korea.
The LoL team Samsung Galaxy will compete in the new LoL season under a new name. This name is not yet known.
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