Acquisitions7 May 2025, 02:37 pm
Nazara's Subsidiary Absolute Sports Acquires TJRWrestling.net and ITRWrestling.com for $1.25 Million
AI Summary
Nazara Technologies Limited announced that its subsidiary, Absolute Sports, has signed definitive agreements to acquire TJRWrestling.net and ITRWrestling.com from Titan Insider Digital. The all-cash asset purchase, valued at $1.25 million, is expected to bolster Sportskeeda's position in the combat sports segment and expand its presence in the U.S. These IPs add to Absolute Sports' dominant global position in the combat sports publishing industry, generating 1.7 million monthly active users and 4.6 million monthly pageviews, predominantly from North America.
Key Highlights
- Nazara's subsidiary Absolute Sports acquires TJRWrestling.net and ITRWrestling.com from Titan Insider Digital
- The acquisition is an all-cash asset purchase valued at $1.25 million (~INR 10.5 crore)
- TJRWrestling and ITRWrestling have a combined monthly active user base of 1.7 million and generate 4.6 million monthly pageviews
- The acquisition strengthens Absolute Sports' position in the combat sports publishing industry and expands its presence in the U.S.
- The transaction is expected to close within the next 45 days