Nazara Technologies has acquired UK-based Fusebox Games for $27.2 million.
Founded in 2016, Fusebox is a UK-based free-to-play mobile games studio. It publishes interactive story titles, such as Love Island, and has similar games in development based on other global television IPs.
“We see a huge opportunity in building a global IP-based gaming business that benefits from our core base in India, where we can support global studios through enhanced user acquisition strategies, data analytics, live operations and new initiatives,” said Nazara CEO and Founder Nitish Mittersain.
“Many of our existing IPs are great examples of this strategy and we are excited to join forces with the talented team at Fusebox as we continue to build Nazara into a global gaming company of significant scale.”
In March, Nazara announced a $100 million commitment to expand its company through mergers and acquisitions.
“We are particularly focused on investing in and acquiring gaming studios globally, with a specific focus on India's 500 million gamers as well as the larger North American market,” Mittersain said.