Nazara Technologies Limited informs the Exchange regarding a press release dated May 20, 2025, titled "Nazara Acquires UK Based PC & Console Gaming Publisher Curve Games for INR 247 Crores".
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Nazara Technologies has announced the acquisition of 100% stake in Curve Digital Entertainment Ltd (Curve Games), a UK-based independent publisher of PC and console games, for INR 247 crores (approximately GBP 21.7 million). This is a fully-owned acquisition with no open offer trigger mentioned. Curve Games reported revenue of INR 263.5 crores, EBITDA of INR 114.4 crores, and profit before tax of INR 49.6 crores in calendar year 2024, making it a profitable target trading at roughly 0.94x its annual revenue. The deal gives Nazara entry into the global PC and console gaming market (valued at over USD 100 billion) and adds a catalogue of well-known indie titles such as Human Fall Flat, For the King, and Lawn Mowing Simulator, which have collectively seen over 100 million downloads. The move is part of Nazara's ongoing strategy to diversify beyond mobile gaming into cross-platform publishing and expand its global footprint across North America, Europe, and Asia Pacific.
The acquisition strengthens Nazara's international publishing capabilities and adds a profitable, cash-generating asset to its portfolio, likely to be viewed positively by investors. Shareholders should watch for margin accretion and integration progress in upcoming quarterly results, as the deal expands Nazara's revenue base and reduces its dependence on the mobile gaming segment.