London-listed esports company Gfinity has bought up US rival CEVO for the equivalent of $2.7m (£2.07m).
Like Gfinity, CEVO runs esports competitions, pitting the world's best videogame players against each other at live events.
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But it also produces esports products including anti-cheat software which Gfinity uses.
Gfinity said that adding the technology component of CEVO will strengthen the company's position as an end-to-end esports solutions provider, as well as accelerating penetration of the North American market.
Neville Upton, chief executive of Gfinity, said: "It also demonstrates our determination to become a leading global player in the industry having previously delivered events in the UK, France, Mexico and USA since the start of this year."
The sale involves just under a $1m in upfront cash as well as the issue of ordinary shares.
Last year, CEVO generated revenues of $826,000, $24,000 of which was made selling its products to Gfinity.