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Nazara Technologies shares jump over 6% on acquisition of game marketing agency

Nazara Technologies share price jumped over 6% on Thursday after the company’s subsidiary acquired 100% stake in a game marketing agency. The company said its Singapore subsidiary of NODWIN Gaming acquired a 100% stake in game marketing agency PublishME for a sum of $2 million from its existing shareholders Nazara Technologies and Ozgur Ozalp. “This strategic acquisition not only brings …

Nazara Technologies makes its first acquisition post-IPO

In its first acquisition after going public in March, Nazara Technologies Ltd has signed a binding term sheet to acquire Middle East- and Turkey-based mobile gaming publishing agency Publishme for $2.7 million, through a primary and secondary transaction. Hence, if we have to expand in MENA, we will need publishing and the Publishme acquisition helps us in this strategic growth,” …

Acquisition

Mobile gaming platform Nazara Technologies Wednesday said it has acquired a majority stake in sports content website Sportskeeda.com, continuing its string of acquisitions and investments in the sports and internet space. “We currently have around 50 million users very interested in sports; so, we felt there would be a huge overlap of users who would be interested in the content …