Nazara Technologies, a worldwide versatile gaming company, has obtained a greater stake in Chennai based NextWave Multimedia.
NextWave multimedia, a Chennai based versatile gaming company predominately concentrates on creating easygoing and multi-player portable diversions in sports type with more than 100 million downloads over the most recent 7 years. NextWave possesses the IP of the most mainstream versatile cricket diversion in India – World Cricket Championship (WCC).
With procurement of NextWave, Nazara fortifies its arrangement of offerings in the virtual intelligent sports sort in India and other developing markets. The NextWave obtaining comes after Nazara’s interests in MasterMind Sports, Moong Labs and all the more as of late HalaPlay.
Gigantic prevalence of WCC establishment offers Nazara a perfect stage for introducing VR Arcades (virtual reality) and propelling m sports around cricket in India. Nazara ‘s association with solid cricket IPs like Virat Kohli and Royal Challengers Bangalore will additionally enable NextWave to expand the brand WCC among Indians around the world.
Nextwave’s World Cricket Championship has been worked over numerous years. The amusement motor is demonstrated and has gigantic capabilities which will frame a solid base for building future adaptations of the diversion as of now a work in progress.
Industry information by AppAnne report records World Cricket Championship 2 among the main 10 amusements in India as far as time spent playing the diversion and number of month to month dynamic clients close by the best worldwide titles.
Commenting on the new partnership, CEO of Nazara Games, Manish Agarwal said, “Nazara has been on the lookout for gaming companies which have established strong leadership in the sports genre. NextWave offers a strong promise of dominating the space globally with its massive large fan base of over approx. 15 million monthly active users and very strong product offering.”
According to Mr. P.R Rajendran, CEO, Nextwave “The complementary skill sets of NextWave and Nazara and the synergy in between is sure to accelerate growth of Nextwave in coming years.
He further adds, “Nazara’s expertise in creating scalable and profitable business models around consumer transactions globally will give us the needed impetus to grow along with them.”