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Kambi Group acquires esports data firm Abios for up to £22m

Sports betting service provider Kambi Group has announced the acquisition of esports data and technology company Abios for SEK150m (~£12.57m) in cash.

In addition, up to SEK120m (~£10.05m) will be paid in earnouts related to product development and Abios’s ‘future revenge performances’. As a result, the acquisition could eventually total SEK270m (~£22.63m).

Pictured: Abios co-founders CTO Anton Janér (left), and CEO Oskar Fröberg (right). Image credit: Abios

Since its launch in 2013, Abios has provided data, odds and visualisation services to sports betting operators such as Kindred Group, LeoVegas Group and Pinnacle Sports.