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Allied Esports Stock Jumps On Xsens Link-Up

Updated: 23 Mar 2021

Shares of Allied Esports Entertainment (NASDAQ: AESE) are trading higher on Tuesday after the company announced it has teamed up with Xsens, an inertial motion capture products company, to bring live animated casters to a professional esports tournament production for the first time.

Allied Esports said that through Xsen’s MVN motion capture systems, they will transform tournament casters into animated characters, creating exclusively designed live motion avatars.

There will be a three day CS:GO Legend Series tournament with casters Robert Jan Kortooms and Thiadrik Oldersma injecting CS:GO expertise into the animated characters and tournament broadcast.

“As gaming and esports viewership continues to grow, we need to push the boundaries of competitive content to provide new and engaging viewing experiences for our audiences and partners,” said Jud Hannigan, CEO of Allied Esports.

Allied Esports Entertainment shares are currently trading 5.63% higher at $3.75 after rising over 11% premarket.

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