Published February 9, 2021, 5:00 AM
Global eSports firm Galaxy Racer Holdings Limited is acquiring a majority stake in the DreamFyre Group, the Philippines’ rising eSports and gaming powerhouse.
In a statement, DreamFyre said this move by Galaxy Racer paves the way for DreamFyre to boost its local operations, and fast track expansion into two other South East Asian markets, targeted within the year.
The deal will also enable DreamFyre to better service local Filipino Gaming Content Creators and Pro Players with more robust and global career development portfolios.
“The vision of DreamFyre has always been to become a global eSports and gaming agency, to bring Filipino talent onto the global arena; and, with this infusion of funds, support, network, and resources by Galaxy Racer, we’re sure to be able to bring that vision into reality in a much shorter time frame.