Nazara Technologies Allocates $100 Million for Strategic Acquisitions

Nazara Technologies has unveiled plans to invest $100 million in mergers and acquisitions over the next two years, bolstering its expansion efforts. As a leading gaming and sports media company founded in 2000, Nazara seeks to enhance its global footprint and operations. According to CEO Nitish Mittersain, "This $100 million investment will significantly accelerate our growth in this direction." The company's primary focus is on acquiring game studios worldwide, with a particular emphasis on catering to India's vast gaming community of 500 million and the substantial North American market.