Nazara Tech announces acquisition of 100% ownership in Curve Digital

Nazara Technologies announced the acquisition of 100% ownership in Curve Digital Entertainment Ltd, a highly reputed UK-based publisher of PC and console
games for Rs. 247 crores (GBP 21.7 million).

This strategic move strengthens Nazara's presence in gaming, unlocking access to platforms, genres, and geographies in the US $100 bn+ global PC and console gaming market. The acquisition is consistent with Nazara's established business strategy of building a diverse portfolio of businesses through targeted acquisitions across interactive gaming and sports media.

Curve Games brings a robust publishing track record, with globally recognized titles that have collectively seen over 100 million downloads. Its presence spans key gaming markets including North America, Asia Pacific, and Europe.

In calendar year 2024, Curve generated Rs. 263.5 crores (GBP 24.4 million) in revenue, EBITDA of Rs. 114.4 crores (GBP 10.6 million) and PBT of Rs. 49.6 crores (GBP 4.6 million).

At 2.31 pm, Nazara Technologies was trading at Rs. 1,292.85, up by 2.13%, with a volume of 0.36 lakh shares on the BSE.