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.