Freedom Holding acquires ChessBase (opens in new tab)

ChessBase is expanding. In a press release, Freedom Holding Corp. has announced the acquisition of ChessBase. The Kazakh financial and technology group, based in New York, has been committed to chess for many years – as a partner of FIDE and a sponsor of international tournaments. An initial $5m investment is set to further develop and expand the ChessBase platform. The company will continue to be headquartered in Hamburg, Germany.