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    Home » Welsh AI gaming start-up iTero Gaming acquired by GIANTX in landmark multi-million deal
    Innovation

    Welsh AI gaming start-up iTero Gaming acquired by GIANTX in landmark multi-million deal

    Rhys GregoryBy Rhys GregoryJuly 26, 2024No Comments
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    Global gaming and esports brand GIANTX (GX) is proud to announce the acquisition of iTero Gaming, a Welsh start-up specialising in AI coaching solutions for competitive gamers.  The acquisition represents a significant milestone for the gaming and technology industry, highlighting the growing integration of AI in esports. With a focus on the title League of Legends, the multi-million deal represents the company’s ongoing commitment to the global esports community through delivering precise, individualised coaching for gamers looking to enhance their competitive performance. Founder of iTero, Jack Joseph Williams, has also become the esports organisation’s new Head of Gaming Technology following the acquisition.  

    Growing up in Carmarthen, the Founder of iTero Gaming, Jack Joseph Williams, is a former financial analyst at HSBC who channelled his passion for AI into developing predictive models for esports competition outcomes in his spare time from his small cottage in Cardigan, West Wales. This endeavour evolved into iTero Gaming, where he offered decision-making tools for League of Legends players. iTero Gaming launched its app in September 2022, quickly amassing over 10,000 installs, along with glowing 5-star reviews and strong user retention rates. This success validated the brand’s product-market fit and potential to disrupt the gaming industry with the innovative use of AI. 

    Shortly following the founding iTero Gaming, Jack joined the biggest Welsh start-up accelerator, Tramshed Tech, Whilst here, he won Demo Day, up against the region’s best start-ups pitching their company to a room of over 100 investors and business leaders.

    The iTero Gaming League of Legends coaching app has amassed nearly a quarter million installs in less than two years, harnessing AI to pinpoint player weaknesses and optimise pre-game setup. By analysing millions of past games, the app suggests the best characters to play and other additional features to gain a competitive edge. During games, iTero also offers real-time tools, helping players secure victory against the enemy team.

    With a shared vision to educate and elevate competitive players globally, the acquisition will harness both companies’ strengths to create an advanced training ecosystem that supports player development at every level. With ambitions to become the leading tool on the market for those looking to improve their gameplay in League of Legends, they are set to revolutionise the competitive gaming landscape, offering resources that cater to the needs of both professional and aspiring competitive gamers. 

    Proving popular among esports enthusiasts already, the app also aligns perfectly with the interests of esports fans following top-tier teams like GIANTX, looking to improve their gameplay strategies significantly. With access to over 500 account statistics for review, the potential for refining gameplay is endless.

    The acquisition represents a significant milestone for the gaming and technology industry, highlighting the growing integration of AI in esports. iTero Gaming’s AI coaching offers a glimpse into the transformative potential of AI across the broader tech landscape, demonstrating how traditional coaching on classic esports titles such as League of Legends can be transformed. This acquisition not only sets a new benchmark for competitive training but also paves the way for future innovations in AI-driven performance enhancement and strategic development in gaming and esports.

    GIANTX (GX) was formed from the amalgamation of London-based Excel Esports and Malaga-based Giants Esports last year. This strategic merger has consolidated the esports organisation’s position as a dominant force in global esports, with headquarters in London and Malaga, alongside a state-of-the-art performance centre in Berlin. This union has since supported GIANTX’s goals for global expansion, solidifying its status as a leading team across multiple competitive titles, supported by an unparalleled fan base.

    Tim Reichert, Co-CEO of GIANTX, said: “We are thrilled to announce our acquisition of iTero Gaming to help elevate player performance to new heights! This marks a pivotal moment in GIANTX’s ongoing commitment to innovation and excellence in esports, empowering players worldwide to achieve their competitive best. We are excited to harness this new technology to optimise our team’s training during practice to unlock the full potential of our pro players and the global gaming community.”

    Jose Diaz, Co-CEO of GIANTX, said: “We are excited to welcome AI pioneer Jack J to the GIANTX team. This acquisition represents a significant milestone in advancing AI in the gaming industry. The potential to enhance gameplay and provide tailored insights is enormous, and I can’t wait to see the positive impact it will have on the gaming community”

    Jack J, Founder of iTero Gaming emphasises: “I’m excited to be joining the GIANTX team. EXCEL ESPORTS was the first esports team I became a fan of and I’ve followed their journey over the last few years. I believe and have always believed that data and AI have the potential to seriously disrupt the status quo of esports, whether that’s finding undervalued players or identifying strategies outside of the standard meta. I think esports is ready for the future and I’m really looking forward to what comes next working alongside GIANTX.” 

    Sophie Webber, Innovation Director at Tramshed Tech, commented: “We’re thrilled for Jack and the team at iTero Gaming! Jack’s journey from participating in Tramshed Tech’s Startup Academy to this multi-million-pound acquisition by GIANTX is nothing short of remarkable. His innovative approach to the application of AI is a perfecr example of the world-class talent we aim to support through our innovation programmes. Jack’s success story isn’t just a win for him and iTero, it’s an inspiration for aspiring entrepreneurs, and we can’t wait to see what’s next for Jack and GIANTX.”

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    Rhys Gregory
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