Nazara Technologies Acquires Fusebox Games
Mergers and Acquisitions
08 August 2024 13:56
Nazara Technologies has acquired UK-based Fusebox Games for $27.2 million. Established in 2016, Fusebox is a mobile free-to-play game studio known for its interactive story titles, including Love Island. The studio is also working on similar games based on various global television IPs. This acquisition aligns with Nazara's $100 million commitment to expanding through mergers and acquisitions, which was announced in March.
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Nitish Mittersain, founder and CEO of Nazara stated “We see a large opportunity in building an IP based global gaming business that benefits from our core base in India where we can support global studios through enhanced user acquisition strategies, data analytics, live operations and new initiatives such as implementing our in-house AI playbook. Many of our existing IP’s are good examples of this strategy and we are happy to join forces with the talented team at Fusebox as we continue to build Nazara into a global gaming company of meaningful scale”
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08 August 2024 13:56
Nazara Technologies has acquired UK-based Fusebox Games for $27.2 million. Established in 2016, Fusebox is a mobile free-to-play game studio known for its interactive story titles, including Love Island. The studio is also working on similar games based on various global television IPs. This acquisition aligns with Nazara's $100 million commitment to expanding through mergers and acquisitions, which was announced in March.
More:Sony PS5 Sales Down
Nitish Mittersain, founder and CEO of Nazara stated “We see a large opportunity in building an IP based global gaming business that benefits from our core base in India where we can support global studios through enhanced user acquisition strategies, data analytics, live operations and new initiatives such as implementing our in-house AI playbook. Many of our existing IP’s are good examples of this strategy and we are happy to join forces with the talented team at Fusebox as we continue to build Nazara into a global gaming company of meaningful scale”
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Riot Games has sold the Hytale franchise back to its original co-founder, Simon Collins-Laflamme, only months after confirming it would...
Mergers and Acquisitions
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Finnish gaming studio Social First has announced the acquisition of GamerPay, a real-money marketplace for in-game items, for an undisclosed...
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