Knowledge

Play Magnus Group

Source 📝

27: 358: 189:(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. 347: 147:. 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 264:, 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 727: 435: 157:
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
209: 831: 305: 786: 826: 286: 379: 539: 717: 181:
and Enrique Guzman) became the largest shareholders in Play Magnus Group. In October 2020, Play Magnus Group was listed on the
613: 425: 177:, consolidating into the Play Magnus Group. Following the merge, the holding company of the two former chess24 owners ( 836: 326: 501: 235: 841: 776: 238:
joined Play Magnus Group, acquiring his website (GingerGM.com) containing chess video courses and e-books.
665: 213: 690: 149: 108: 638: 528: 851: 561: 153:, a mobile computer chess app. The app released in 2014, and allowed users to play against a 587: 258:(US$ 80 million). The acquisition was officially closed on December 16, 2022. According to 722: 430: 8: 353: 182: 749: 399: 846: 456: 310: 534: 255: 186: 140: 61: 227: 178: 103: 57: 287:"World Chess Champion Magnus Carlsen Floats Tech Company, Raises $ 30 Million" 820: 144: 65: 35: 720:[Chess will offer NOK 13 a share for the entire Play Magnus Group]. 331: 221: 154: 135: 781: 260: 750:"Chess.com Officially Acquires Play Magnus, Carlsen Signs As Ambassador" 26: 250:
In August 2022, Play Magnus Group accepted an offer to be acquired by
251: 199: 117: 76: 241:
In May 2021, the group acquired Aimchess, a chess analytics website.
384: 161:, a chess learning app, and in 2018 launched its third mobile app, 265: 174: 113: 481: 811: 380:
Play Magnus AS: Admission to trading of shares on Merkur Market
428:[Chess expert joins Magnus Carlsen's gaming company]. 306:"Magnus Carlsen parlays chess success into hot tech start-up" 205:
In November 2020, the group acquired U.S. website ichess.net.
202:, an interactive marketplace and platform for learning chess. 99: 486: 129: 86: 718:"Chess vil by 13 kroner aksjen for hele Play Magnus Group" 219:
In February 2021, the group acquired the Dutch magazine
614:"Play Magnus Group and the Acquisition of New In Chess" 173:
In 2019, Play Magnus AS merged with the chess website
208:
In 2020, the group conducted the first of its yearly
192: 529:"Magnus Carlsen buys chess platform Chessable.com" 527: 426:"Sjakkekspert inntar Magnus Carlsens spillselskap" 348:"World chess champion Magnus Carlsen launches app" 346: 818: 502:"Chessable joins the Play Magnus chess24 family" 165:, a video game targeted towards young children. 128:In October 2013, Magnus Carlsen co-founded the 198:In February 2019, Play Magnus Group acquired 106:in 2013. The company released the mobile app 716:Hermann, Lene Marita Berg (24 August 2022). 216:which ran from November 2020 – October 2021. 832:Companies listed on the Oslo Stock Exchange 742: 482:"Play Magnus listed on Oslo Stock Exchange" 245: 25: 400:"Magnus' Kingdom, confidence and Caruana" 327:"Playing a young Magnus Carlsen at chess" 777:"Chess.com to acquire Play Magnus Group" 639:"Everyman Chess acquired by Play Magnus" 423: 397: 324: 102:company co-founded by chess grandmaster 827:Norwegian companies established in 2013 774: 715: 819: 666:"GingerGM Joins The Play Magnus Group" 663: 611: 542:from the original on 10 December 2022 284: 168: 361:from the original on 10 January 2022 303: 789:from the original on 26 August 2022 730:from the original on 25 August 2022 13: 691:"Aimchess joins Play Magnus Group" 424:Bjerknes, Christian (2019-03-25). 398:Peterson, Macauley (6 June 2018). 14: 863: 805: 325:Hartnett, Kevin (19 March 2014). 297: 234:In March 2021, chess grandmaster 193:Further acquisitions and projects 185:. The listing raised 300 million 775:Kelemen, Luci (24 August 2022). 562:"iChess acquired by Play Magnus" 304:Paul, Aniek (10 November 2014). 768: 709: 683: 657: 631: 612:Marsh, Sean (2 February 2021). 605: 580: 554: 520: 494: 438:from the original on 2019-03-17 285:Nikel, David (9 October 2020). 474: 449: 417: 391: 373: 339: 318: 278: 116:in 2019 and being acquired by 1: 271: 112:in 2014, before merging with 664:Marsh, Sean (2 March 2021). 139:, together with his manager 7: 10: 868: 254:at a value of 800 million 123: 214:Champions Chess Tour 2021 82: 71: 53: 45: 33: 24: 246:Acquisition by Chess.com 163:Magnus' Kingdom of Chess 16:Norwegian chess company 837:Companies based in Oslo 588:"Champions Chess Tour" 212:, beginning with the 538:. 3 September 2019. 357:. 25 February 2014. 225:, and the publisher 210:Champions Chess Tour 842:Chess organizations 461:ACF Equity Research 457:"Play Magnus Group" 354:The Daily Telegraph 183:Oslo Stock Exchange 21: 756:. 21 December 2021 568:. 18 November 2020 508:. 3 September 2019 169:Merge with chess24 19: 723:Dagens Næringsliv 592:Play Magnus Group 490:. 8 October 2020. 431:Dagens Næringsliv 388:. 7 October 2020. 143:and entrepreneur 96:Play Magnus Group 93: 92: 20:Play Magnus Group 859: 812:Official website 799: 798: 796: 794: 772: 766: 765: 763: 761: 746: 740: 739: 737: 735: 726:(in Norwegian). 713: 707: 706: 704: 702: 687: 681: 680: 678: 676: 661: 655: 654: 652: 650: 635: 629: 628: 626: 624: 609: 603: 602: 600: 598: 584: 578: 577: 575: 573: 558: 552: 551: 549: 547: 531: 524: 518: 517: 515: 513: 498: 492: 491: 478: 472: 471: 469: 467: 453: 447: 446: 444: 443: 434:(in Norwegian). 421: 415: 414: 412: 410: 395: 389: 377: 371: 370: 368: 366: 350: 343: 337: 336: 322: 316: 315: 301: 295: 294: 282: 29: 22: 18: 867: 866: 862: 861: 860: 858: 857: 856: 817: 816: 808: 803: 802: 792: 790: 773: 769: 759: 757: 748: 747: 743: 733: 731: 714: 710: 700: 698: 689: 688: 684: 674: 672: 662: 658: 648: 646: 637: 636: 632: 622: 620: 610: 606: 596: 594: 586: 585: 581: 571: 569: 560: 559: 555: 545: 543: 535:Financial Times 526: 525: 521: 511: 509: 500: 499: 495: 480: 479: 475: 465: 463: 455: 454: 450: 441: 439: 422: 418: 408: 406: 396: 392: 378: 374: 364: 362: 345: 344: 340: 323: 319: 302: 298: 283: 279: 274: 248: 195: 171: 141:Espen Agdestein 126: 98:is a Norwegian 64: 62:Espen Agdestein 60: 38: 17: 12: 11: 5: 865: 855: 854: 852:Magnus Carlsen 849: 844: 839: 834: 829: 815: 814: 807: 806:External links 804: 801: 800: 767: 741: 708: 682: 656: 645:. 4 March 2021 630: 604: 579: 553: 519: 493: 473: 448: 416: 390: 372: 338: 317: 296: 276: 275: 273: 270: 247: 244: 243: 242: 239: 236:Simon Williams 232: 228:Everyman Chess 217: 206: 203: 194: 191: 179:Jan Gustafsson 170: 167: 159:Magnus Trainer 125: 122: 104:Magnus Carlsen 91: 90: 84: 80: 79: 73: 69: 68: 58:Magnus Carlsen 55: 51: 50: 47: 43: 42: 39: 34: 31: 30: 15: 9: 6: 4: 3: 2: 864: 853: 850: 848: 845: 843: 840: 838: 835: 833: 830: 828: 825: 824: 822: 813: 810: 809: 788: 784: 783: 778: 771: 755: 751: 745: 729: 725: 724: 719: 712: 697:. 18 May 2021 696: 692: 686: 671: 667: 660: 644: 640: 634: 619: 615: 608: 593: 589: 583: 567: 563: 557: 541: 537: 536: 530: 523: 507: 503: 497: 489: 488: 483: 477: 462: 458: 452: 437: 433: 432: 427: 420: 405: 401: 394: 387: 386: 381: 376: 360: 356: 355: 349: 342: 334: 333: 328: 321: 313: 312: 307: 300: 292: 288: 281: 277: 269: 267: 263: 262: 257: 253: 240: 237: 233: 230: 229: 224: 223: 218: 215: 211: 207: 204: 201: 197: 196: 190: 188: 184: 180: 176: 166: 164: 160: 156: 152: 151: 146: 145:Anders Brandt 142: 138: 137: 131: 121: 119: 115: 111: 110: 105: 101: 97: 88: 85: 81: 78: 74: 70: 67: 66:Anders Brandt 63: 59: 56: 52: 48: 44: 40: 37: 32: 28: 23: 791:. Retrieved 780: 770: 758:. Retrieved 753: 744: 732:. Retrieved 721: 711: 699:. Retrieved 694: 685: 673:. Retrieved 669: 659: 647:. Retrieved 642: 633: 621:. Retrieved 617: 607: 595:. Retrieved 591: 582: 570:. Retrieved 565: 556: 544:. Retrieved 533: 522: 510:. Retrieved 505: 496: 485: 476: 464:. Retrieved 460: 451: 440:. Retrieved 429: 419: 407:. Retrieved 403: 393: 383: 375: 363:. Retrieved 352: 341: 332:Boston Globe 330: 320: 309: 299: 290: 280: 259: 249: 226: 222:New in Chess 220: 172: 162: 158: 155:chess engine 148: 134:Play Magnus 133: 127: 107: 95: 94: 83:Headquarters 75:Acquired by 49:October 2013 782:Dot Esports 760:23 December 701:23 December 675:23 December 649:23 December 623:23 December 597:23 December 572:23 December 546:27 February 512:27 February 506:chess24.com 466:23 December 409:23 December 261:Dot Esports 150:Play Magnus 109:Play Magnus 821:Categories 442:2019-12-20 272:References 847:Chess.com 793:26 August 754:Chess.com 734:26 August 670:Chessable 643:ChessTech 618:Chessable 566:ChessTech 404:Chessbase 252:Chess.com 200:Chessable 120:in 2022. 118:Chess.com 77:Chess.com 36:Traded as 787:Archived 728:Archived 540:Archived 436:Archived 385:Euronext 365:13 March 359:Archived 89:, Norway 54:Founders 695:Chess24 266:Lichess 231:in May. 175:chess24 132:-based 124:History 114:chess24 46:Founded 382:, via 291:Forbes 100:chess 41:PMGMF 795:2022 762:2022 736:2022 703:2022 677:2022 651:2022 625:2022 599:2022 574:2022 548:2020 514:2020 487:FIDE 468:2022 411:2022 367:2014 311:Mint 130:Oslo 87:Oslo 72:Fate 823:: 785:. 779:. 752:. 693:. 668:. 641:. 616:. 590:. 564:. 532:. 504:. 484:. 459:. 402:. 351:. 329:. 308:. 289:. 268:. 256:kr 187:kr 136:AS 797:. 764:. 738:. 705:. 679:. 653:. 627:. 601:. 576:. 550:. 516:. 470:. 445:. 413:. 369:. 335:. 314:. 293:.

Index


Traded as
Magnus Carlsen
Espen Agdestein
Anders Brandt
Chess.com
Oslo
chess
Magnus Carlsen
Play Magnus
chess24
Chess.com
Oslo
AS
Espen Agdestein
Anders Brandt
Play Magnus
chess engine
chess24
Jan Gustafsson
Oslo Stock Exchange
kr
Chessable
Champions Chess Tour
Champions Chess Tour 2021
New in Chess
Everyman Chess
Simon Williams
Chess.com
kr

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.