Acquisitions27 Jun 2025, 05:12 pm
Nazara Technologies Acquires Intellectual Property Rights of Prime Timer for USD 500,000
AI Summary
Nazara Technologies Limited has announced the acquisition of all the Intellectual Property Rights of Prime Timer, a business owned by Snugglefish Media LLC and its Founder, for an aggregate consideration not exceeding USD 500,000. The acquisition includes brand, domain, content, IP, social accounts, and is expected to strengthen Nazara's market position in the global entertainment media industry. The acquisition is expected to be completed within 30 days, subject to customary conditions precedent and other terms and conditions.
Key Highlights
- Nazara Technologies to acquire Intellectual Property Rights of Prime Timer for USD 500,000
- The acquisition is expected to strengthen Nazara's market position in the global entertainment media industry
- The acquisition includes brand, domain, content, IP, social accounts
- The proposed acquisition is subject to fulfilment of certain customary conditions precedent and other terms and conditions
- The acquisition is expected to be completed within 30 days