M&A M&A
Nazara Technologies to acquire Turkish gaming firm PublishMe for Rs.20-Cr
Mumbai-based, publicly listed gaming firm Nazara Technologies is to acquire a 69.82% stake by way of primary and secondary transactions in Istanbul-based Arrakis Tanitim Organizasyon Pazarlama San. Tic Ltd Sti, which runs mobile game publishing agency Publishme, for INR 20 crore.
Publishme is a full-service games marketing and publishing agency which works extensively with gaming publishers in Turkey and the Middle East and North Africa (MENA) region.