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IN BRIEF: Gfinity acquires SiegeGG for undisclosed sum

8th Sep 2021 14:35

Gfinity PLC - e-sports and gaming solutions provider - Buys SiegeGG Corp, which operates siege.gg, a website for statistics, analysis and news around the Rainbow Six Siege video game. SiegeGG with immediate effect will become part of the Gfinity digital media group. No financial details of this transaction were disclosed, but Gfinity says SiegeGG reported revenue of USD100,000 for 2020 and pretax profit of USD40,000. It had net assets at the end of 2020 of USD68,000.

Current stock price: 4.49 pence

Year-to-date change: up 19%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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