
Nazara Technologies acquires UK-based Curve Games for Rs 247 crore to strengthen global console gaming footprint
Nazara Technologies Ltd, India's only publicly listed gaming company, has announced a strategic acquisition of Curve Digital Entertainment Ltd (popularly known as Curve Games), a leading UK-based PC and console gaming publisher, for ₹247 crore. The all-cash deal is expected to significantly bolster Nazara's presence in the global gaming ecosystem.
With this acquisition, Nazara aims to tap into the over $100 billion global PC and console gaming market, diversifying its portfolio beyond mobile gaming and reinforcing its vision of building a globally competitive gaming powerhouse from India. About Curve Games
Curve Games has carved a niche in the global publishing space with more than 100 million downloads across a portfolio of indie gaming hits like Human Fall Flat , Bomber Crew , For the King , and The Ascent . The publisher is active in North America, Europe, and Asia Pacific, providing Nazara with immediate access to new geographies and genres.
For the calendar year 2024, Curve Games reported: Revenue: ₹263.5 crore
EBITDA: ₹114.4 crore
Profit Before Tax: ₹49.6 crore Strategic Rationale
Commenting on the deal, Nazara Technologies CEO Nitish Mittersain said,
'Curve's proven expertise in PC and console publishing makes them an ideal partner as we expand our focus beyond mobile. This acquisition brings exceptional IP and strengthens our global mission.'
Executive Chairman of Curve Games, Stuart Dinsey, added,
'Nazara's ecosystem and access to emerging markets make them a strong strategic partner. We're aligned in our vision to build a global indie publishing platform.'
This transaction aligns with Nazara's consistent strategy of acquiring niche gaming assets and building an IP-led global gaming company. Curve Games will serve as a bridge for Indian game developers to launch and publish globally, especially in premium gaming markets. About Nazara Technologies
Nazara Technologies owns prominent gaming and esports brands such as Kiddopia, Animal Jam, World Cricket Championship, Sportskeeda, and Datawrkz. The company operates across India, North America, and other international markets and is actively expanding its portfolio via acquisitions.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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