Nazara Tech’s Nodwin Gaming acquires UAE’s Ninja Global

Nodwin Gaming International Pte Ltd, a subsidiary of Nazara Technologies Ltd and an arm of Nodwin Gaming Private Limited, has finalised agreements to acquire Ninja Global FZCO, a company based in UAE and Turkey with assets in esports and gaming production.

 move aims to improve Nodwin Gaming's global capabilities, particularly in West Asian and Turkish markets. Following Nodwin Gaming's acquisition of PublishMe, a games marketing services company, in October, this latest acquisition is positioned to enable Nodwin Gaming to tap into burgeoning mobile games market in Central Asia.

Akshat Rae, Co-Founder and Managing Director of Nodwin Gaming expressed enthusiasm about welcoming Gokhan Kazar and Doruk Demisar, Founders of Ninja Dubai, and ir team into Nodwin Gaming family. He underlined importance of acquisition in unlocking new opportunities and expanding Nodwin Gaming's reach as a prominent gaming and esports media company.

Rae highlighted company's focus on broening its global footprint, with particular attention to emerging markets within new BRICS+ global network. He described integration of Ninja as a natural and essential step forward, positioning Nodwin Gaming to support local esports ecosystems and harness potential of multiple emerging markets.

Despite se developments, shares of Nazara Technologies Ltd experienced a slight decline, down by 1.15 per cent to Rs 841.50 on BSE.