Nazara arm buys assets of US gaming content platform DeltiasGaming.com

Nazara Technologies’ subsidiary Absolute Sports will acquire all the assets of DeltiasGaming.com, a US gaming and esports content platform, for about Rs 7.5 crore, a release said on Tuesday.

DeltiasGaming.com had revenues of $ 575,000 (about Rs 4.8 crore) for 12-month period ended June 2024.

Absolute Sports will use its cash reserves to fund the all-cash transaction, to be paid over one or more tranches. The Rs 7.5 crore transaction is set to be closed in the next 45 days.