Gaming company Nazara Technologies announced acquisition of UK-based game publisher Curve Games for Rs 247 crore on May 20.
The company said that it has acquired 100 percent ownership in Curve Digital Entertainment Ltd ("Curve Games"), a UK-based publisher of PC and console games for Rs 247 crore (Great British Pound- GBP 21.7 million).
This strategic move strengthens Nazara’s presence in gaming, unlocking access to platforms, genres, and geographies in the $100 bn global PC and console gaming market, the company added.
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, it added.
Curve Games brings to the table 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 crore (GBP 24.4 million) in revenue, EBITDA (Earnings before interest, taxes, depreciation, and amortization) of Rs 114.4 crore (GBP 10.6 million) and PBT (Profit Before Tax) of Rs 49.6 crore (GBP 4.6 million).
"Curve’s proven expertise in PC and Console publishing makes them an ideal partner as we expand our focus beyond mobile into high-quality, cross-platform gaming. This acquisition deepens our capabilities, brings exceptional IP (Intellectual Property) into our fold, and strengthens our mission in building Nazara as a global gaming powerhouse from India. Curve will also serve as a gateway to the world for Indian game developers,” Nitish Mittersain, CEO of Nazara Technologies, said.
He added that the acquisition is aligned with Nazara’s ongoing efforts to strengthen its global publishing capabilities and follows a series of similar strategic transactions executed over the years, reaffirming Nazara’s commitment to long-term, value-driven growth through the gaming lifecycle.
"Curve’s publishing capabilities in the PC and Console space and its diverse portfolio will accelerate Nazara’s global ambitions and enable cross-platform IP development with long-term value creation," he said.
Nazara’s ecosystem, access to emerging markets and long-term orientation make them a strong strategic partner, Stuart Dinsey, Executive Chairman of Curve Games, said.
"We are aligned in our vision of building a leading global indie publishing platform, and we look forward to the next phase of growth together,” he said.
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