Nazara’s NODWIN Picks 51% Stake In Branded For Expansion Into Event IPs

Nazara’s NODWIN Picks 51% Stake In Branded For Expansion Into Event IPs

SUMMARY

Nazara Tech pegged the value of the deal at $1.3 Mn, with the entire consideration of the deal being paid in cash

Branded was launched in 2001 and has multiple IPs across verticals, while also partnering with brands, media and organisations

Nazara Tech added that many of the IPs owned by Branded had a direct synergy with NODWIN

Listed gaming giant Nazara’s wholly-owned subsidiary of NODWIN Gaming has acquired a 51% stake in Singapore-based mediatech startup Branded.

In an exchange filing, Nazara Tech pegged the value of the deal at $1.3 Mn, with the entire consideration of the deal being paid in cash.

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