Slinger Announces Official Closing of GAMEFACE.AI Acquisition
Slinger, a leading connected sports technology company, announced the finalization of its acquisition of GAMEFACE.AI, an award-winning artificial intelligence (AI) technology provider for sports.
“We are thrilled to officially close our GAMEFACE.AI acquisition and look forward to the near-term release of our Slinger tennis app, powered by their AI analysis engine,” said Mike Ballardie, CEO of Slinger. “This app will be truly unique in the sports market, starting with tennis, by bringing analysis to the individual and going well beyond traditional, undifferentiated coaching, content or video apps. GAMEFACE.AI’s technology is applicable throughout our product roadmap, and we intend to deploy it across our future products in tennis and new verticals, as well as in new markets such as sports betting and big data analysis. With GAMEFACE, we are well positioned to be at the forefront of the data and AI adoption that is occurring across all levels of sport.”
Recognized by FIFA, the World Football Summit Asia, and MIT’s Sloan Sports Analytics Conference for the accuracy of its technology, GAMEFACE.AI’s platform delivers both technical (biomechanics) and tactical (strategy) insights through its camera-agnostic AI video platform, meaning that it does not rely on expensive or proprietary hardware for its analysis or data capture – it can be done through any mobile phone or camera.
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With the AI market in sports set to grow at a rate of almost 30% per year over the next five years1 and the overall sports analytics market set to reach $5.2 billion by 2025,2 Slinger will be capable of delivering the insights and data desired by today’s consumer and required by media companies, sports organizations, and betting platforms. Powered by GAMEFACE.AI’s team and technology, Slinger will enhance its existing products as well as develop and scale new technologies for tennis and other sport verticals. The company is also focused on securing partnerships with leading commercial video and data providers in sport.
“We are excited for the year ahead as we work with Mike and the Slinger team to prove ourselves as a leading connected sports company, powered by proven AI that creates insights and data desired and required by today’s sports consumer, as well as partners,” said Jalal Shaik, Co-Founder and CEO of GAMEFACE.AI.
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