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The Esports Advocate
Singapore-based web3 gaming company Ampverse completed the acquisition of gaming startup Championfy. The deal includes Championfy's technology and intellectual property assets.
Ampverse, a Singapore-based web3 gaming company, has acquired the technology and intellectual property assets of Championfy, a startup specializing in cloud gaming and competitive casual gaming platforms. While the specific financial details of the transaction were not disclosed, the deal is characterized as a multi-million dollar investment. This acquisition is intended to bolster the technical capabilities of Ampverse Labs, the company’s division focused on developing data-driven gaming solutions.
The integration of Championfy’s assets is designed to accelerate the development of in-house products and services, specifically aiming to bridge the gap between brands and gaming audiences. Ampverse operates across several key markets in Asia, including Singapore, Thailand, India, Vietnam, and the Philippines. By incorporating Championfy’s cloud-based infrastructure and mobile application technology, Ampverse seeks to strengthen its position as a leader in the regional gaming ecosystem.
As part of the transition process, Championfy’s existing services have been temporarily paused. Both organizations are currently collaborating to integrate the acquired technology into the broader Ampverse portfolio. This strategic move reflects a broader industry trend of consolidating specialized gaming tech to enhance engagement and marketing efficacy within the competitive mobile esports sector.
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