Blizzard has bought the technology and other assets
related to the IGN Pro League
. The future of IPL was up in the air due to IGN layoffs back in February with 1UP, UGO, and Gamespy closing shop. Now we know what the fate of IPL will be. Some members of the team will be moving over to San Francisco to work on "high-quality web and mobile content in support of Blizzard games" but it appears that the actual operations of IPL will be coming to a close. Other members will be joining Blizzard's existing eSports team and possibly assisting them with the recently announced Starcraft 2 World Championship Series
Personally, I've enjoyed watching the League of Legends
and Starcraft 2
tournaments that IPL held. I'm quite sad to see them go as I was impressed by the level of quality in their productions. Best of luck to everyone involved!