Media: Astralis acquisition finalized

9-9-2025 21:33

The Danish giants are being taken over by a new entity, with a familiar face at the helm of the organization.

Danish esports organization Astralis switched hands on September 5, according to independent reporter Richard Lewis, who revealed that Fusion Esports Group has taken over the company.

Little is known about Fusion Esports Group other than that it was officially registered on that same day and that its director is Jakob Lund Kristensen, the founder and CEO of Copenhagen Wolves between 2012 and 2016, and a co-founder of both Astralis and BLAST.

The Danish business registry shows that Fusion Esports Group is part of JLK HOLDING ApS, which, according to Richard Lewis, is a company that "that had been defunct for some time."

Between December 2016 and August 2019, Kristensen worked for BLAST as Executive Vice President of Sales. He then returned to Astralis after RFRSH Entertainment moved on from its competitive division, serving as Chief Revenue Officer until January 2023, according to his LinkedIn page.

The news ends months of speculation about Astralis' future. In April, HLTV and Dust2.dk reported that Astralis were actively looking for a buyer for the company's brand, IP rights, and CS division, with Jonas "⁠calc⁠" Gundersen, the former COO of Ninjas in Pyjamas, one of the interested parties.

Media: Astralis exploring sale of organization and CS division

Sources have told HLTV that the deal is expected to be announced in the coming days. Only last week, Astralis confirmed the return of former team member Emil "⁠Magisk⁠" Reif to replace Martin "⁠stavn⁠" Lund, who is taking a break from action due to personal reasons.

expected

2025-09-09 21:34

1 reply

RIP 4 MAJORS LEGACY

2025-09-09 21:35

2 replies

Agreed! Was hoping Heroic was going to buy them out so they could use the Astralis logo on their urinal cakes and toilet paper at the offices.

2025-09-10 04:03

That would be strait fire, they are so lucky valve got sorry for them and falcons and removed RMRs, cuz im telling u 1 or 2 more majors and heroic could buy whole roster for 200k

2025-09-10 13:02

nice?

Total cost: 3.50

133

Jakob "Loch Ness Monster" Lund Kristensen

2025-09-09 21:54

About three fiddy

2025-09-10 05:46

RIP DANISH CS

3 replies

Gladly

2025-09-09 21:57

Astralis brand is the most valuable thing in Danish CS

2025-09-10 03:25

Karrigan is the only other to be fair

2025-09-10 13:04

Seems interesting

bro co-founded blast and astralis? Then the shady stuff is not gonna end

130

13 replies

Blastralis

2025-09-09 22:19

Its EU Denmark country doing it, its ok. But no falcons!

2025-09-09 23:14

10 replies

1st it is not okay 2nd we now aren't really equating a team with bad business decision with a team funded by bloodmoney from a country with severe human rights violations?

2025-09-09 23:44

5 replies

Check his flag bruh

2025-09-10 00:38

Yeah but this country has its cons too

2025-09-10 02:09

Oil is not blood money and you jail people for mean tweets

2025-09-10 11:10

I live in Germany - Students at Berlin and Hamburg universities got the shit kicked out of them for showing solidarity with Palestinians and calling for an end to German financial and military endorsement of genocide! Yes - falcons are investing in esports and Saudi Arabia want to be more involved in global sports and esports.

2025-09-10 11:43

Germany is the biggest weapons provider to Israel in EU. The country who is committing a genocide right now. Your country is cracking down on students and protesters and limiting peoples free speech. You have no moral high ground when you are actively funding genocide, so stop preaching.

2025-09-10 21:48

Well no, they're saying it's not ok

2025-09-10 01:25

well ... you can pretend like you have a good moral compass and say it's not OK and say all the ranbows and unicorns you want on your social media channels, but you still do it. The difference between this and Saudi Arabia and Falcons is they dont pretend to give a fuck. They just do... and they let the masses argue about it in caps lock over the internet.

2025-09-10 11:45

I know false equivalence is very prevalent in online discourse but holy crap this is a very dumb use of it

2025-09-10 03:31

Here's the difference:Saudijsut cuts to the checkand doesn't pretend to be a beacon of unicorns and rainbows and pink, it cuts right the chase, hands the check, and does business. But we here at BLAST and EU we pretend to be masterminds of goodness and jesus christ and all that is holy

2025-09-11 12:01

thats public information for years??? why do u think the Blastralis meme came from? its not as big as it seems..

2025-09-10 00:45

#tothestars

Hooxi is so back 🗣️🗣️🗣️

Who tf cares about this scummy org anyways

2025-09-09 21:36

7 replies

me have a great evening!

2025-09-09 21:38

4 replies

Difference between cheering for org and for team Even then the only player to have not done anything wrong was staehr (and Hooxi but he just got on the team)

2025-09-09 21:42

What did magisk and devicedso?

2025-09-09 21:50

I mean I cheer for the Org kinda. I mean I don’t like the org and I don’t give a shit about them, I don’t care about them in any other game, but through every roster change I still care, even when it’s a brand new 5 after the 5 I was cheering for before. At that point am I still cheering for just the team or am I cheering for the org? I don’t even know tbh

2025-09-10 03:38

thats what makes me kinda averse to really becoming involved in esports. lineups come and go, sometimes all at once, orgs get founded and go defunct. everything is so shifty and non permanent unless you are a fan of one of the big 5. my football club is 132 years oldm and even if they switch the entire lineup, the stadium is still in my home town. this is not a thing in esports.

2025-09-10 10:29

Us hooxi fans

2025-09-09 21:43

Most successful org in this game, we should all care

2025-09-09 22:48

Blastralis over yay or nay?

2025-09-09 21:37

bro probably bought Astralis for $2000 and a burger king coupon

so all in all, from what i get from this is that only the ownership changed and nothing else ok

how is this a sale? He already owns them and Blast! wtf conflict of interest much.

2025-09-09 21:40

Nothing new. Sadly.

2025-09-09 21:56

same as esl and failclowns

The owner left blast since 2019. Reading is hard

2025-09-09 21:58

not overly into cs drama lol not worth my time. sorry you cant understand humor. That's unfortunate.

2025-09-09 22:01

it's literally written in this 500 word article you illiterate teenager

2025-09-09 23:17

Cringe

2025-09-10 03:39

flag flair name

2025-09-09 22:13

So it's a nothing burger?

2025-09-09 21:41

jan otze?

Otze Arsch

2025-09-09 22:17

omg a girl?

2025-09-09 22:24

I like men

2025-09-09 22:26

how men can b gay how women can b straight..

2025-09-09 22:28

Team with one of the most monumental eras in CS history can't sustain financially... bad signs

2025-09-09 21:44

they barely attended a singular major post 2019 and paid ungodly high salaries for players way below that level for the longest time not to mention multiple very damn questionnable buyouts lmao

2025-09-09 22:12

Most financial stability in CS comes from attending majors, and Astralis didn't get to them 5 majors in a row

2025-09-09 22:39

Nah this has been a long time coming, haven’t been to a major in 3 years and they’ve spent shit loads on transfers. I called it almost a year ago that Astralis would miss the major, run out of money and disband. I was laughed at but it basically happened, only instead of disbanding they just got bought out. Personally tho I saw this coming a mile away, you just can’t keep spending money like that while constantly missing the tournament that breathes life into orgs.

2025-09-10 03:43

Danish mafia, episode 1337

KOI

2025-09-09 21:45

okay

2025-09-09 21:46

So what exactly changed?

2025-09-09 21:47

For the audience not so much , for people in the business and the acquisitions of e-sport companies quite a bit

2025-09-10 19:57

Falcons transfer defo hurt a bit

2025-09-09 21:48

talent in Denmark is no longer there, in particular thanks to astralis. so they will use those who are in circles, because the transition to the international level is impossible, astralis is again financed by the government, they will be against it.

Astralis aren’t funded by the government, nor does the government have any ownership or control of the company, so they can’t stop them from going international. The government does have a 20% stake in BLAST, but that doesn’t really mean much since they aren’t the controlling party.

2025-09-09 22:04

I disagree, I think the talent is definitely there. Not to be a top 2 team alongside spirit and Vitality, but to be a top 3-5 team the talent is 100% there. That being said I’d love to see them go international, although I really want them to give this Hooxi roster a fair chance first, especially now with Magisk, and after making back 2 back LAN grand finals, after not making one in like 5 years, you just gotta give them some time, surely.

2025-09-10 03:46

whats calc slang for

ah yes scummy org and scummy blast. why im not surprised.

2025-09-09 21:59

The eternal ties with Blast

2025-09-09 22:00

Bros middle name is Lund Lund bros

stavn new ceo confirmed

2025-09-09 22:11

OMG

2025-09-09 22:10

Dirty politics management org rip ex-Astralis

uhm...

2025-09-09 22:25

Ok so no disband I guess?

2025-09-09 22:27

give them 6 months

2025-09-09 22:30

Wasn't Astralis originally a Finnish org taken by Denmak later?

2025-09-09 22:57

6 replies

No, they bought out the right for the name from the Finnish guys

2025-09-09 23:15

Only the name then.

2025-09-09 23:25

no, there was a 1.6 finnish team that went under the name of astralis but that's the end of that

2025-09-09 23:16

But the Finns had the name first no? because I heard different.

2025-09-09 23:26

they did though I do not know if they held a copyright notice over it and the danish org had to buy the rights over

2025-09-10 00:10

Looks like it, thanks for the info bradder.

2025-09-10 00:31

ez way to default and start clean under a new brand lmao

Big nothingburger, not really a new "owner" since this guy was around for over 6 years.

Asstralis really are the eu Failclowns aren't they.

2025-09-09 23:23

No one has, or will ever care. Nor does anyone care currently.

I care

2025-09-10 00:39

Absolute irony that once the biggest danish org in the world is obtained by the once plucky danish underdog team's CEO

2025-09-10 00:44

it's fine bro it's EU... we are allowed to do this because they are white and good people you know. We have the moral high-ground. nothing to see here. What about hose falcons and saudi arabia investing in esports eh??? ugh dirty oil money - As a gamer I'm really concerned about climate change and the global warming potential caused by carbon emissions!

2025-09-10 11:47

WTF are you yapping about. Put the yap back in the mouth bro.

2025-09-10 16:40

Arabs are 40-50% inbred. Europeans aren't. Yes we are objectively better than these brown hordes.

2025-09-10 19:51

404 incoming

2025-09-10 20:26

atleast I wont get leetified on public transport

2025-09-10 20:56

Nothing but a scheme. Still owned by the same people.

2025-09-10 00:58

GLORY WILL BE BACK TO THE DANISH PPL...

2025-09-10 02:22

Pretty epic, was honestly expecting the org to pull out entirely, so it’s nice to see that I don’t have to try and find a new team to be passionate about yet, although I’m a bit sceptical about who’s buying it, does anyone know anything about him? Anyone tied to both Astralis and Blast is automatically gonna seem sketchy but I don’t recognise his name.

2025-09-10 03:50

"a bit skeptical" it's amazing how much scrutiny we put on Arabs and Muslims, and "others" who don't look like us. But when we see corruption and scummy deals from Finland CEOs with Yalla and one of the most legendary orgs in CS, we are... a wee bit skeptical.. LOL

2025-09-10 11:50

Don’t project on me you little weirdo

2025-09-10 19:08

hmm.... I'm a bit skeptical LOL

2025-09-11 11:59

You’re bringing Arabs and Muslims and racism into it like some fucking schizo, I’m obviously skeptical because the director is a co-founder of Astralis and Blast, two orgs known for shady bullshit.

2025-09-11 13:39