M&A

Nodwin Gaming buys Sony’s stake in fighting games-focused Evo

Business Standard  

Gurugram-headquartered Nodwin Gaming has acquired a majority stake in the Evolution Championship Series (Evo), expanding its presence in the global fighting games e-sports market. Sony Interactive Entertainment (SIE) sold its stake in Evo to Nodwin Gaming.Evo focuses exclusively on fighting games. It has strategic agreements in place with Saudi Arabia-based Qiddiya, SIE, and existing shareholder RTS, which are expected to drive its international expansion, content, and immersive experiences through 2028 and beyond.

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