Chess.com, the world’s largest chess web site, has acquired Play Magnus Group, a number one chess leisure and training firm. The proposed acquisition was initially introduced on August 23, 2022 and was unanimously really helpful by Play Magnus Group’s board. After receiving regulatory and shareholder approval, the acquisition formally closed on December 16, 2022. By sheer coincidence, on the identical day, Chess.com reached 100,000,000 members, one other main milestone within the website’s historical past.
Play Magnus Group consists of widespread manufacturers and companies such because the Meltwater Champions Chess Tour, Chessable, Chess24, GoalChess, Play Magnus App Suite, Magnus Academy, Everyman Chess, New In Chess, iChess.internet, and GingerGM.
In affiliation with the acquisition of Play Magnus Group, Magnus Carlsen has signed on as a Chess.com ambassador. He shall be competing usually in Chess.com occasions such because the Speed Chess Championship. On December 18, 2022, Carlsen contested the 2022 Speed Chess Championship Final which was in an exciting, down-to-the-wire efficiency by Hikaru Nakamura. More than 200,000 viewers tuned in to observe this extremely anticipated matchup.
In addition to the 2023 Speed Chess Championship, Carlsen can also be anticipated to compete within the PRO Chess League, Bullet Chess Championship, common Titled Tuesdays, and extra. Chess.com is thrilled to welcome the world’s biggest chess participant to the 2023 Chess.com event season.
Chess.com introduced the acquisition throughout their “State of Chess.com” stay stream on December 21, 2022 the place Chess.com Chief Chess Officer Daniel Rensch was joined by company together with Magnus Carlsen, Andreas Thome, CEO of Play Magnus, Arne Horvei, Tour Director, and Geert van der Velde, Chessable CEO, to debate the acquisition and plans for the long run and to take questions from the chess group.
Chess.com’s CEO, Erik Allebest, Danny Rensch, and Andreas Thome had the next to say concerning the acquisition.
“Chess.com is 100% focused on our mission of serving the chess community and growing the game. I believe that joining Chess.com and Play Magnus Group together is the best way for us to achieve that mission. The future for chess is insanely bright, and as a fan I can’t wait for the amazing content, events, and products that are coming.” – Erik Allebest, Chess.com CEO
“I can’t await the wonderful content material, occasions, and merchandise which are coming.”
“At the center of our goals for chess has always been to improve the livelihoods and opportunities for chess professionals. Bringing the best of what the chess world has to offer together—from top players, to creators and streamers, to authors—makes me more excited than I’ve ever been about where the chess community is headed and what we can achieve together!” – Danny Rensch, Chess.com CCO
“Play Magnus Group was created with the mission of enabling extra folks to play, watch, study, and earn a residing from chess. I’m happy with our efforts in driving innovation in chess, and creating nice merchandise, occasions, and companies loved by tens of millions. As Play Magnus and Chess.com start our journey collectively, we’re extraordinarily excited for the way forward for the sport of chess.” – Andreas Thome, Play Magnus CEO
Play Magnus Group was created with the mission of enabling extra folks to play, watch, study, and earn a residing from chess.
Chess.com is the world’s largest chess website with a group of greater than 100 million members from all over the world taking part in greater than 10 million video games on daily basis.
About Play Magnus
Play Magnus Group was based in 2013 with the purpose of creating the world a wiser place by way of chess and established the favored Champions Chess Tour and a set of leisure and studying chess merchandise.