MoneyWorks4Me

Nazara Technologies’ arm completes acquisition of 100% stake in Fusebox

26 Aug 2024 Evaluate

Nazara Technologies’ wholly owned subsidiary -- Nazara Technologies UK (Nazara UK) has completed the acquisition of 100% of the issued share capital of Fusebox Games (Fusebox) for an aggregate consideration of GBP 21,181,231, on August 23, 2024.

Nazara UK now holds 100% of the issued share capital of Fusebox and accordingly, Fusebox has become the wholly owned subsidiary of Nazara UK and stepdown subsidiary of the Company. 

Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.

Peers
Company Name CMP
TCS 2309.00
Infosys 1088.60
HCL Technologies 1282.50
Wipro 172.60
Tech Mahindra 1618.90
View more..