A Chinese businessman has acquired the pro-gaming team Catastrophic Cruel Memories, Rock Paper Shotgun reports.
Wang Sicong, director of the Wanda Group, paid more than $6 million for CCM. The team is composed of five people, including specialists in DotA, StarCraft 2 and Warcraft 3.
The five members will form a new team called Invictus Gaming. They are expected to attend Gamescom, where Valve is offering $1 million in prize money in a DotA 2 tournament.
GosuGamers also reports that Wang has lured four members of LGD - one of the most stable and successful teams in the Chinese pro-gaming scene - leaving only one of the original members behind.