Nazara Technologies Acquires Fusebox Games

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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.

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”

Tags: Nazara Technologies
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Nazara tech.png
Nazara Technologies Acquires Fusebox Games

Mergers and Acquisitions

08 August 2024 13:56

Tags: Nazara Technologies

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”

Share:Twitter.pngFacebook.pngInstagram.pngLinkedin.png
Sources:
Pocket Gamer.png
Report mistake   Report-mistake-icon.png
Submit news   Submit-news-icon.png

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View All
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