{"id":93931,"date":"2024-07-17T00:00:00","date_gmt":"2024-07-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/muller-phipps-acquires-100-of-local-esports-firm-power-league-gaming\/"},"modified":"2024-07-17T00:00:00","modified_gmt":"2024-07-17T00:00:00","slug":"muller-phipps-acquires-100-of-local-esports-firm-power-league-gaming","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/07\/17\/muller-phipps-acquires-100-of-local-esports-firm-power-league-gaming\/","title":{"rendered":"Muller & Phipps acquires 100% of local esports firm Power League Gaming"},"content":{"rendered":"

Muller & Phipps takes over Power League Gaming: <\/strong>Dubai-based tech distributor Muller & Phipps Middle East Group<\/a> and Getz Group<\/a> subsidiary has fully acquired local esports and gaming firm Power League Gaming<\/a> for an undisclosed sum, according to a press release<\/a>. <\/p>\n

Expansion is the name of the game:<\/strong> Muller & Phipps plans to ramp up investments in Power League Gaming to scale operations in Dubai and expand its foothold into Saudi Arabia by 4Q 2024, \u201cto offer local clients the latest and most commercially sound esports and gaming strategies in the field,\u201d according to the gaming firm\u2019s CEO Matthew Pickering.<\/span><\/p>\n

About Power League Gaming:<\/strong> Founded by John Lacey (LinkedIn<\/a>) in 2013, Power League Gaming expanded its operations in 2021 with the launch of a 10k sq-ft production facility<\/a> in Dubai. The firm specializes in gaming and esports, with various products and services such as creating branded and original gaming content, developing educational material, and organizing gaming events.<\/p>\n

OTHER M&A NEWS-<\/strong> <\/p>\n

Pakistani textile maker acquires UAE-incorporated firm: <\/strong>Pakistani textile manufacturer Sapphire Fibres inked an agreement with UAE-incorporated firms UPLHC I and UPLHC II to acquire 50% of their combined share in their wholly-owned subsidiary UCH Power<\/a>, Sapphire said in a notice (pdf)<\/a> to the Pakistan Stock Exchange. Sapphire Fibres\u2019 consortium partner, inked a similar agreement to acquire the remaining half. UCH Power operates a 586 MW power plant in the Pakistani province of Balochistan.<\/p>\n","protected":false},"excerpt":{"rendered":"

The gaming firm plans to expand into KSA by the end of this year<\/p>\n","protected":false},"author":1,"featured_media":93932,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[7,238,1344,60],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-93931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-enterpriseam-uae","tag-gaming","tag-ma","tag-ma-watch","wpautop","entry"],"acf":{"mongo_id":"94cf022f-7020-44e4-9dbf-f3c0d38ce146","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/1289.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Muller & Phipps acquires 100% of Dubai-based Power League Gaming","related_issue":[93919],"teaser":"The gaming firm plans to expand into KSA by the end of this year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.faccf638-cd88-4f3f-ad10-5bd728309a4a.mp3"},"yoast_head":"\nMuller & Phipps acquires 100% of local esports firm Power League Gaming - 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