Sony Interactive Entertainment and RTS Jointly Acquire the Evolution Championship Series

Sony Interactive Entertainment LLC, which is the unit responsible for the PlayStation® brand and family of products and services, and RTS, a new venture born out of Endeavor’s esports business, have acquired the assets and properties of the Evolution Championship Series, the large fighting game event, from Triple Perfect, Inc., through a joint venture esports partnership.

As a result of the acquisition, Evo will be operated by the recently formed joint venture between SIE and RTS. Terms of this transaction including the acquisition cost and ownership split of the joint venture are not disclosed due to contractual commitments.

Through this new partnership, Tony and Tom Cannon, co-founders of Evo, will continue to be involved as key advisors to ensure that Evo remains a competitive platform for fighting game players and fans around the globe. This collaboration…