StatsBomb (www.statsbomb.com) has expanded its portfolio with the acquisition of Cairo based sports data specialists, ArqamFC.
The deal will see StatsBomb accelerate its growth by utilising over 3,400 newly acquired unique data events per match.
Ted Knutson, CEO of StatsBomb commented on the acquisition: “We are pleased to formally bring the Arqam data quality expertise into our mix, Arqam gives us more than 2X data points of any other provider and we are seeing results on and off the field. Our teams are up 20% in points per game year over year, and many clubs are maximising player transfer values and finding hidden gems due to in part to StatsBomb.“
In addition to the acquisition of the 100 strong Arqam team, StatsBomb announce a collaboration with the University of Surrey Centre for Vision, Speech and Signal Processing to incorporate additional Computer Vision technology. The focus will be integrating CV tech to increase data delivery speed and quality.
To capitalise on the growth, StatsBomb has brought on former AS Roma, Mondogoal and DraftKings executive Shergul Arshad as Chief Commercial Officer and has signed a flurry of confidential football club partnerships.
While deal terms were not announced, Arqam has outlined is ambition of uniting with StatsBomb to providing the best data and analytics solution to clubs, media and gaming partners via API or through our proprietary, easy to use, visual dashboard, StatsBomb IQ.
Knutson added: “In today’s day and age, we find that a single extra goal in the Premier League is valued at over £2.5M. We are at a tipping point in football, and clubs that are not part of the data revolution, will be left behind.
“By adding Arqam and industry experts such as Shergul Arshad and the University of Surrey CVSSP, StatsBomb are able to focus on developing robust analytical insight for our partners such as PSG to give them the edge.“