Tag: NextWave

Nazara Technologies acquires majority stake in NextWave

Nazara Technologies acquires majority stake in NextWave

Gaming
Nazara Technologies, a global mobile gaming company, has acquired a majority stake in Chennai based NextWave Multimedia. With the acquisition of NextWave, Nazara, strengthens its portfolio of offerings in the virtual interactive sports genre in India and other emerging markets. The NextWave acquisition comes after Nazara’s investments in MasterMind Sports, Moong Labs and more recently HalaPlay. The Chennai-based mobile gaming company predominately focuses on developing casual & multi-player mobile games in sports genre with over 100 million downloads in the last 7 years. NextWave owns the IP of the most popular mobile cricket game in India - World Cricket Championship (WCC) Massive popularity of WCC franchise offers Nazara an ideal platform for ushering in VR Arcades (virtual real