Nazara Tech share zooms 9% on acquisition of Freaks 4U Gaming for Rs 271 cr

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Nazara Tech share zooms 9% on acquisition of Freaks 4U Gaming for Rs 271 cr - Business Standard

Quick Summary:

Freaks 4U Gaming offers a wide range of agency services and top-tier solutions to brands and publishers, generating approximately Rs 223 crore (Euro 26.9 mn unaudited) in 2023.

NODWIN Gaming is particularly strong in mobile gaming and esports, catering to the youth demographic and expanding its market in digital entertainment.

This strategic move is set to strengthen NODWIN Gaming's presence in developed markets and enhance its capabilities in PC gaming and publishing support services.