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Mumbai : Nazara Technologies, Mumbai-based diversified gaming, and sports media company acquired a 100 percent stake in Delaware-based kids gaming firm WildWorks Inc. This would be one of the several acquisitions made in the past year by the Mumbai-based company. According to a filing with the BSE, Nazara Technologies agreed to acquire 100 percent of Wildworks' share capital
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As a part of the deal, WildWorks’ founders–Clark Stacey and Jeff Amis will continue leading their current positions in the startup
Nazara will acquire 100% of the company and its IP from existing shareholders in an all-cash transaction.
Recent reports have suggested that Nazara reports are planning to take over the entertainment-based company, called WildWorks.