Sportradar’s acquisition of IMG Arena has been cleared by the Competition and Markets Authority (CMA), enabling the firm to form a giant in sportstech and data.
The CMA, the UK’s competition regulator, announced today that it had “cleared the anticipated acquisition by Sportradar Group AG of IMG Arena US parent, LLC”.
Its information so far has been limited, but it states that it will publish the full text of the decision ‘shortly’. Its reasoning for clearing Sportradar’s takeover of IMG is thus so far a mystery.
What we do know is how significant a moment this is for Sportradar, with the acquisition of IMG set to make it one of the most dominant firms in sportstech, particularly in data rightsholding.
