LiveScore Group Announces Acquisition of Wonderlabz
LiveScore Group, a global sports media company, has completed the full acquisition of South Africa-based software development specialists, Wonderlabz. This acquisition strengthens LiveScore Group’s position during a period of significant growth and enables them to expand further into key territories. Wonderlabz brings world-class development expertise, particularly in the app and digital platform space, which is crucial for LiveScore Group’s brands like LiveScore and LiveScore Bet.
Record-Breaking Success for LiveScore Group
LiveScore Group comprises three brands, including LiveScore, a leading real-time sports updates and streaming service provider, as well as award-winning sportsbooks LiveScore Bet and Virgin Bet. This unique model that combines sports media and sports betting has led to record-breaking success for the company.
Strategic Investment and Global Expansion
The acquisition of Wonderlabz comes one year after LiveScore Group received a £50 million strategic investment from Swiss-based media and tech firm Ringier AG. This investment has fueled LiveScore Group’s rapid global expansion. With this recent acquisition, LiveScore Group now holds 100% ownership of Wonderlabz, enhancing its in-house capabilities and establishing a new tech hub in an emerging market.
Positive Outlook for LiveScore Group and Wonderlabz
CEO of LiveScore Group, Sam Sadi, expressed his excitement about the acquisition, highlighting Wonderlabz as an exciting player in the software development space. He also emphasized the opportunity to work closely with the team in Cape Town to develop a world-class tech hub and drive further growth.
Ben Johansen, CEO of Wonderlabz, shared his enthusiasm for joining LiveScore Group, acknowledging their innovative approach in the sports media and betting industries. He looks forward to continuing to contribute to the company’s success through their software development expertise.
For more information, please contact [email protected]
Related LiveScore Group, Wonderlabz, acquisition, sports media, sports betting, digital platforms, software development, global expansion