• X1 Esports signs agreement to acquire Rocket League Community, Octane.GG
  • Octane is the leading Rocket League Esports statistics platform
  • Mark Elfenbein, CEO of X1, sat down with Daniella Atkinson to discuss the news
  • Rocket League is one of the world’s most popular PC games
  • Octane.GG is an online fan statistics platform focused on the popular video game Rocket League
  • X1 Esports and Entertainment is a video game and media portfolio company which owns and operates a growing esports franchise, RixGG
  • X1 Esports and Entertainment Ltd. opened trading at C$0.415 per share

X1 Esports has signed an agreement to acquire Rocket League Community, Octane.GG.

Mark Elfenbein, CEO of X1, sat down with Daniella Atkinson to discuss the news.

“Adding Octane to the X1 portfolio will significantly strengthen our position within the Rocket League ecosystem. Through strategically combining Octane’s community-facing assets with those of our recently announced acquisition, ShiftRLE, we believe we can fill and capitalize on a highly valuable void for a Rocket League media destination.”

Octane is the leading Rocket League Esports statistics platform providing in-depth match statistics across the top events in the space. As the primary source of statistics for Rocket League, Octane has amassed a valuable trove of data on the history and evolution of players and teams from their rookie days to playing on the world stage. 

“I built Octane as a college student back in 2017 to fill a void I saw as a Rocket League Esports fan. It’s incredible to see how much the space has evolved since then, and I’m excited that Octane will have a new home with X1 to further this valuable resource,” said Kartik Patel, founder of Octane.

The company anticipates utilizing Octane’s Rocket League statistics database in launching future offerings, such as a possible Rocket League fantasy product.

Rocket League is one of the world’s most popular PC games. Octane.GG is an online fan statistics platform focused on the popular video game Rocket League.

X1 Esports and Entertainment is a video game and media portfolio company which owns and operates a growing esports franchise, RixGG.

X1 Esports and Entertainment Ltd. (XONE) opened trading at C$0.415 per share.


More From The Market Online

Top crypto stocks and ETFs to consider before the Bitcoin halving

Read about 10 of the highest-performing Bitcoin stocks and ETFs leading up to the cryptocurrency's April 2024 halving.

@ the Bell: Markets deeply divided amid Middle East flareup

Canada’s main stock index jumped on Friday, aiming to recoup some weekly losses, as investors shed caution around Middle East tensions.

Netflix trounces subscriber growth estimates in Q1 2024

Netflix (NASDAQ:NFLX) added 9.33 million subscribers in Q1 2024, almost double the consensus forecast of analysts polled by LSEG.

Gold penny stock unearths more riches from its assets

Copper and other critical metal prices have also been trending upward, and this all spells good news for the likes of Northstar Gold Corp.