Qiddiya Investment Company (QIC) has completed its purchase of the Evolution Championship Series, better known as Evo. The new owner says it will preserve the event's established character and operational approach despite the change in parent company.

  • QIC, a Saudi investment company, is now the new parent organisation for Evo following completion of the deal.
  • Organisers have assured fans and participants that Evo's established practices, community focus and overall identity will be maintained under QIC's stewardship.
  • Evo remains one of the most prominent fighting-game competitions worldwide, known for its grassroots community and annual festival-style tournaments.
  • The acquisition marks another high-profile entry by Saudi-backed investors into the gaming and entertainment sectors.

Source: Eurogamer

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