Razer pledges £5.87M to Esports development in Singapore

Razer pledges £5.87M to Esports development in Singapore
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Elite gaming hardware company Razer has pledged a whooping sum of £5.87 million to the development of gaming and esports in Singapore.

Razer Inc. is a renowned global gaming hardware manufacturing company that was created in 2005 in San Diego, California. Interestingly the company was founded by Singaporean entrepreneur Min-Liang Tan and founder of MindFX Science Inc, Robert Krakoff.  The gaming company was established after they had secured a large investment from Hong Kong entrepreneur Li Ka-Shing and Singapore’s Temasek Holdings. The company has two headquarters: one in Singapore and one in San Francisco, California. It also has been listed in the Hong Kong Stock Exchange since November 2017.

The pledged funds will be used to develop and support Singapore-based esports teams. It will be used in funding Team Singapore at the Southeast Asian Games and invested in gaming companies that are either in Singapore or founded by Singaporeans.

In a social media post, the CEO & Co-founder of Razer Min-Liang Tan stated the reason behind his pledging 5.8 million pounds to Esports development. He said that he was incredibly grateful for all the support that he and his company have received from the Singapore government and all the people of Singapore throughout the years. He further added that although he founded his company Razer in the United States, he was still very much a Singaporean citizen and boasted of having an office in Singapore with up to 500 staff. He also revealed that he is currently building a new SEA HQ in Singapore to double their number of Singapore employees over the next few years to over 1,000.

He also went to say: “We are one of the largest esports brands in the world, and personally as a Singaporean, I’m looking forward to giving back and doing more for my country.”

Razer is indeed a strong partner of Esports worldwide. Currently, they support a lot of esports teams and companies, such as Williams Esports, Alliance, Immortals, SK Gaming, mousesports, Gen.G esports, Team Queso, and Evil Geniuses.

The Southeast Asian Games will come up in December, and Esports will be featured as a medal sport at the tournament.  Min-Liang Tan has been a strong advocate for the inclusion of esports in the competition.

Razer is widely regarded as one of the pioneers of eSports as well as one of the strongest brands in eSports today.

Article by: Collins Nwokolo