Gaming and sports media powerhouse Nazara Technologies Ltd has solidified its position in the digital advertising space by completing the acquisition of a 55% stake in Datawrkz. The company paid 120 million rupees as the first tranche and has now acquired an additional 22% equity in the adtech firm. This strategic move enhances Nazara's capabilities in programmatic advertising and monetization, positioning it for accelerated growth in the global digital advertising ecosystem. The investment aligns with Nazara's aggressive expansion strategy and diversification efforts in the rapidly evolving gaming and digital entertainment sectors.
Source: Press release from Nazara Technologies Limited