Evo Insists Traditions, Values, and Identity Will Remain Unchanged After Saudi Acquisition
Evo, the Evolution Championship Series, has been acquired by Qiddiya Investment Company (QIC), a Saudi Arabian investment firm. The acquisition has raised concerns about the potential impact on Evo's traditions, values, and identity.
The acquisition was completed on February 22, 2026, and Evo has released a statement assuring fans that its traditions, values, and identity will remain unchanged under the new ownership.
QIC has a strong track record of investing in gaming and esports, and Evo's acquisition is seen as a strategic move to expand its presence in the industry. Evo's CEO has stated that the company will continue to operate independently and make decisions based on its own values and traditions.
The acquisition has sparked a mix of reactions from the gaming community, with some fans expressing concerns about the potential impact on Evo's identity and others welcoming the new ownership.
Evo's traditions, values, and identity are deeply rooted in the gaming community, and the company has a long history of hosting some of the most prestigious esports tournaments in the world. The acquisition has raised questions about how QIC will maintain Evo's independence and ensure that its traditions and values are preserved.
In a statement, Evo's CEO said, "We are committed to maintaining our traditions, values, and identity, and we will continue to operate independently under our new ownership." [4]
The acquisition is seen as a significant development in the gaming industry, and it will be interesting to see how Evo navigates its new ownership and maintains its independence.
Sources
[1] 35 years ago, Bride of Re-Animator cast a spell with its horror effects
[2] Why is Leon 50 in Resident Evil Requiem while Jill and Claire don't age?
[3] Nightdive Studios' Stephen Kick has 8,544 hours in Dota 2, and just clocked his 5,000th win: 'I think it's made me a better leader'
[4] Evo insists its 'traditions, values, and identity will remain unchanged' as Saudi acquisition completes