Nazara Technologies has announced the acquisition of global casual and social gaming startups Bluetile Games S.L. and Bestplay Systems S.L.
With this, Nazara plans to strengthen its presence in the global casual and social gaming segment.
As part of the deal, Nazara will acquire an initial 50% stake in the two companies for $100.3 million (around Rs 918 crore), with $59.7 million payable at closing and the remaining within six months. The company has the option to acquire the remaining stake by 2028 at a valuation linked to 6.6x trailing EBITDA.
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