FACEIT

As part of the acquisition, the two companies are set to merge and form the ESL FACEIT Group.

[2][3][4] In April 2016, FACEIT announced the launch of their Counter-Strike: Global Offensive tournament, known as the Esports Championship Series (ECS).

[5][6] In April 2017, the company partnered with the video sharing platform YouTube for the series.

[citation needed] The series was discontinued in 2020, replaced by a franchise-based league called Flashpoint.

[11] In May 2022, FACEIT announced a multi-million dollar partnership agreement with the cryptocurrency fintech platform Cake DeFi.