Sony Interactive Entertainment sold its participation in the Evolution Championship Series, better known as Evo, in Nodwin Gaming, an Indian Esports and Entertainment Company held by Nazara Technologies and supported by Sony Group Corporation.
The financial details of the transaction have not been disclosed, which makes Nodwin the new majority shareholder and co -owner of the main combat game tournament. Although she has given up the property of the EVO, SIE is committed to sponsoring the EVO worldwide until 2028, in order to ensure that the event develops and retains its status within the Combat Games community.
This announcement was made via in a blog post “Business Update” on the official website of EvoO’aù the tournament describes this change of owner as “a big step forward” in its evolution. Phil Rosenberg, vice-president of SIE and responsible for development and relations with global partners, commented the transition in these terms:
“When SIE acquired the EVO alongside RTS in 2021, our goal was to help the EVO community to develop and to highlight the skills and passion for fans of combat games on a world scene. While SIE becomes an EVO sponsor, the dynamics of the EVO has never been so strong, after the success of the Las Vegas event and the upcoming expansion in new regions.
We look forward to supporting EVO’s continuous growth on a global scale “
This change of owner occurs as part of the continuous expansion of EVO, after a record event in 2025 in Las Vegas, which attracted more than 10,000 competitors on games such as Street Fighter 6, Tekken 8 A Mortal Kombat 1. The EVO is developing, with projects of new regional tournaments, including a start in Europe.
Nodwin embarked on a frenzy of acquisitions, recently by buying entities such as AFK Gaming and others, in order to consolidate its global presence. The company has raised a total of $ 63 million in five rounds of funding from investors such as Sony and Pratithi Investments.
The update also presented Qiddiya, a Saudi entertainment and game initiative, such as the new world partner of Evo and an investor in RTS.
Although SIE is withdrawing from its role as owner, its objective of maintaining sponsorship suggests that the company is determined to maintain the prominence of PlayStation during EVO events, which could include presentations of future products such as recently announced flexstrike combat cane, and playable demonstrations of to come Marvel Tokon : Fighting Souls.
