Culver City-based NantWorks, a diversified holding company run by Patrick Soon-Shiong, announced Sept. 6 it invested an undisclosed sum into Daybreak Game Co., creating through the investment a joint venture titled NantG Mobile.
NantG Mobile will be responsible for creating mobile applications of Daybreak Games’ popular “EverQuest” series and “H1Z1” titles, built for PC gaming. Daybreak is also known for its role in publishing massive multiplayer online games, including “The Lord of the Rings Online,” “PlanetSide 2” and “Dungeons and Dragons Online.”
As part of the strategic investment, Soon-Shiong will join Daybreak Games’ board of directors. The investment represents Soon-Shiong’s increasing interest in e-sports; NantWorks is currently drafting construction plans for a new Los Angeles Times Center adjacent to its new El Segundo headquarters which will house “e-sports arenas with fiber interconnectivity at a global scale,” according to a press release. The Los Angeles Times, owned by Soon-Shiong, will reportedly also soon begin covering e-sports events in its Sports section.
In addition to the creation of an arena, NantG Mobile will reportedly soon establish e-sports leagues for numerous Daybreak titles.
“The growth of virtual sports has been explosive,” Los Angeles Times Executive Editor Norman Pearlstine noted in a statement. “We look forward to covering all the major games companies, including Daybreak,” Pearlstine said.
Tech reporter Samson Amore can be reached at email@example.com or (323) 556-8335. Follow him on Twitter @samsonamore.
Stories You May Also Be Interested In
- GAMING GURU
- H1Z1 Pro League Shuts Down, Citing Funding Failures
- Cloud9 Plans New Esports Facility
- OGN Plans E-sports Arena in Manhattan Beach, Partners With PubG
- Meg Whitman Invests in Immortals; Joins Board
- Soon-Shiong Seeks Seat on Board at Tribune; Announces Opening of Downtown L.A. Times Office
- Game Developer Pearl Abyss Moves to Manhattan Beach
- Soon-Shiong’s NantHealth Raises $250 Million From Kuwait Fund