Acquisitions15 Aug 2025, 01:21 am
Nazara Technologies Completes Balance Payment for Datawrkz Acquisition
AI Summary
Nazara Technologies Limited has announced the completion of the balance payment for the acquisition of Datawrkz Business Solutions Private Limited. This payment was made in accordance with the Investment Agreement dated January 18, 2022, and its amendments. The transaction, which was initially disclosed on February 18, 2025, has now been fully consummated. Nazara Technologies continues to hold 55% of the share capital of Datawrkz.
Key Highlights
- Nazara Technologies has completed the balance payment for the acquisition of Datawrkz
- The payment was made in accordance with the Investment Agreement dated January 18, 2022
- The transaction has been fully consummated as of August 14, 2025
- Nazara Technologies holds 55% of the share capital of Datawrkz
- The acquisition was initially disclosed on February 18, 2025