Nodwin Gaming acquires Turkey-based esports firm Ninja Global

Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website IIT Delhi IITD Certificate Programme in Data Science & Machine Learning Visit Indian School of Business ISB Product Management Visit IIM Kozhikode IIMK Advanced Data Science For Managers VisitEsports firm Nodwin Gaming on Wednesday said it was acquiring Istanbul-based esports and gaming firm Ninja Global FZCO.Nodwin did not disclose the consideration for the 100% acquisition of the latter. Ninja Global conducts tournaments, broadcasts and other esports-related activities across Turkey and the Middle East and North Africa (MENA) region.The acquisition will help Nodwin “enhance the company's existing capabilities to offer solutions to publishers and brands in the Middle East and the Turkey region,” the firm said in a statement. On October 6, Nodwin had fully acquired game marketing agency Publishme, which focuses on West Asia and Turkey, for $2 million.The latest acquisition “also readies Nodwin Gaming to expand to Central Asia, where the mobile games market is experiencing rapid growth,” the firm added in a statement.Nodwin is a subsidiary of listed gaming and media firm Nazara Technologies , where it is the largest revenue driver of the parent firm. For the quarter ended December, Nodwin brought in Rs 134 crore in revenue. Nazara’s esports division, which includes businesses like Nodwin and sports news firm Sportskeeda, contributed 55% of the firm’s overall revenue in the nine months ended December.

February 14, 2024 11:08 UTC


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