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200:(US$ 30.2 million) for the company, giving it a valuation of 796 million kr (US$ 85.8 million). After the listing, Magnus Chess, an entity controlled by Carlsen and his family, owned only 9.5% of Play Magnus Group.
358:
158:. At its founding, Carlsen owned 60% of the company and Agdestein owned 15%. Investing Carlsen's own money and that of US and Norwegian investors, Play Magnus AS then began developing
275:, the Play Magnus Group was unable to make a "sustainable profit" on anything but Chessable, and the merge left "no other realistic chess competitor" except the free, open-source
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modeled after a database of thousands of positions from recorded games
Carlsen played from the age of five and up. In November 2016, Play Magnus Group launched
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and
Enrique Guzman) became the largest shareholders in Play Magnus Group. In October 2020, Play Magnus Group was listed on the
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joined Play Magnus Group, acquiring his website (GingerGM.com) containing chess video courses and e-books.
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164:, a mobile computer chess app. The app released in 2014, and allowed users to play against a
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269:(US$ 80 million). The acquisition was officially closed on December 16, 2022. According to
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298:"World Chess Champion Magnus Carlsen Floats Tech Company, Raises $ 30 Million"
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731:[Chess will offer NOK 13 a share for the entire Play Magnus Group].
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761:"Chess.com Officially Acquires Play Magnus, Carlsen Signs As Ambassador"
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In August 2022, Play Magnus Group accepted an offer to be acquired by
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In May 2021, the group acquired
Aimchess, a chess analytics website.
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Play Magnus AS: Admission to trading of shares on Merkur Market
439:[Chess expert joins Magnus Carlsen's gaming company].
317:"Magnus Carlsen parlays chess success into hot tech start-up"
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In
November 2020, the group acquired U.S. website ichess.net.
213:, an interactive marketplace and platform for learning chess.
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729:"Chess vil by 13 kroner aksjen for hele Play Magnus Group"
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In
February 2021, the group acquired the Dutch magazine
625:"Play Magnus Group and the Acquisition of New In Chess"
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In 2019, Play Magnus AS merged with the chess website
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In 2020, the group conducted the first of its yearly
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540:"Magnus Carlsen buys chess platform Chessable.com"
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437:"Sjakkekspert inntar Magnus Carlsens spillselskap"
359:"World chess champion Magnus Carlsen launches app"
357:
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513:"Chessable joins the Play Magnus chess24 family"
176:, a video game targeted towards young children.
139:In October 2013, Magnus Carlsen co-founded the
209:In February 2019, Play Magnus Group acquired
117:in 2013. The company released the mobile app
727:Hermann, Lene Marita Berg (24 August 2022).
227:which ran from November 2020 – October 2021.
843:Companies listed on the Oslo Stock Exchange
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493:"Play Magnus listed on Oslo Stock Exchange"
256:
36:
411:"Magnus' Kingdom, confidence and Caruana"
338:"Playing a young Magnus Carlsen at chess"
788:"Chess.com to acquire Play Magnus Group"
650:"Everyman Chess acquired by Play Magnus"
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113:company co-founded by chess grandmaster
838:Norwegian companies established in 2013
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677:"GingerGM Joins The Play Magnus Group"
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553:from the original on 10 December 2022
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372:from the original on 10 January 2022
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800:from the original on 26 August 2022
741:from the original on 25 August 2022
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702:"Aimchess joins Play Magnus Group"
435:Bjerknes, Christian (2019-03-25).
409:Peterson, Macauley (6 June 2018).
25:
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336:Hartnett, Kevin (19 March 2014).
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245:In March 2021, chess grandmaster
204:Further acquisitions and projects
196:. The listing raised 300 million
786:Kelemen, Luci (24 August 2022).
573:"iChess acquired by Play Magnus"
315:Paul, Aniek (10 November 2014).
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623:Marsh, Sean (2 February 2021).
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127:in 2019 and being acquired by
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123:in 2014, before merging with
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265:at a value of 800 million
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225:Champions Chess Tour 2021
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257:Acquisition by Chess.com
174:Magnus' Kingdom of Chess
27:Norwegian chess company
848:Companies based in Oslo
599:"Champions Chess Tour"
223:, beginning with the
549:. 3 September 2019.
368:. 25 February 2014.
236:, and the publisher
221:Champions Chess Tour
853:Chess organizations
472:ACF Equity Research
468:"Play Magnus Group"
365:The Daily Telegraph
194:Oslo Stock Exchange
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767:. 21 December 2021
579:. 18 November 2020
519:. 3 September 2019
180:Merge with chess24
30:
734:Dagens Næringsliv
603:Play Magnus Group
501:. 8 October 2020.
442:Dagens Næringsliv
399:. 7 October 2020.
154:and entrepreneur
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31:Play Magnus Group
16:(Redirected from
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656:. 4 March 2021
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233:New in Chess
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166:chess engine
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145:Play Magnus
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94:Headquarters
86:Acquired by
60:October 2013
793:Dot Esports
771:23 December
712:23 December
686:23 December
660:23 December
634:23 December
608:23 December
583:23 December
557:27 February
523:27 February
517:chess24.com
477:23 December
420:23 December
272:Dot Esports
161:Play Magnus
120:Play Magnus
832:Categories
453:2019-12-20
283:References
858:Chess.com
804:26 August
765:Chess.com
745:26 August
681:Chessable
654:ChessTech
629:Chessable
577:ChessTech
415:Chessbase
263:Chess.com
211:Chessable
131:in 2022.
129:Chess.com
88:Chess.com
47:Traded as
798:Archived
739:Archived
551:Archived
447:Archived
396:Euronext
376:13 March
370:Archived
100:, Norway
65:Founders
706:Chess24
277:Lichess
242:in May.
186:chess24
143:-based
135:History
125:chess24
57:Founded
393:, via
302:Forbes
111:chess
52:PMGMF
806:2022
773:2022
747:2022
714:2022
688:2022
662:2022
636:2022
610:2022
585:2022
559:2020
525:2020
498:FIDE
479:2022
422:2022
378:2014
322:Mint
141:Oslo
98:Oslo
83:Fate
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198:kr
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
