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Nazara Tech acquires UK-based Curve Games for Rs247cr

Indian gaming and e-sports major Nazara Technologies has announced the acquisition of a 100% stake in UK-based PC and console game publisher Curve Digital Entertainment Ltd (Curve Games) for Rs 247 crore (£21.7 million). 

Nazara is India’s only publicly listed gaming company, with majority ownership of several leading gaming and esports brands with presence in India, the US, and other global markets.

The all-cash deal marks a significant move by Nazara to expand its footprint in the global gaming market, particularly in the high-value PC and console segments.

The acquisition is consistent with Nazara’s established business strategy of building a diverse portfolio of businesses through targeted acquisitions across interactive gaming and sports media.

Curve Games has published several globally successful titles with a combined download count exceeding 100 million. The company has a presence across key gaming regions, including Asia Pacific, North America and Europe.

In the calendar year 2024, Curve Games reported revenue of £24.4m, EBITDA of £10.6m, and profit before tax of £4.6m.

The acquisition aligns with Nazara’s broader strategy of building a diversified global portfolio through selective acquisitions in the interactive gaming and sports media sectors. It also marks the company’s intent to go beyond mobile gaming and deepen its capabilities in PC and console publishing.

“Curve’s proven expertise in PC and console publishing makes them an ideal partner as we expand beyond mobile into high-quality, cross-platform gaming,” said Nitish Mittersain, CEO of Nazara Technologies. “This deal brings strong IP into our fold and supports our mission to build a global gaming powerhouse from India.”

Curve Games executive chairman Stuart Dinsey described the acquisition as a “new chapter” for the UK firm. “Nazara’s access to emerging markets and long-term vision make them a strong strategic partner. We are aligned in our goal of building a leading global indie publishing platform,” he said.

Nazara has been actively acquiring companies to broaden its global reach and strengthen its publishing capabilities, with this latest deal reinforcing its commitment to long-term value creation in the $100 billion-plus global PC and console gaming industry.

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