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Digital Entertainment
Joint Venture30 Oct 2024, 07:01 pm

Nazara's Subsidiary, Datawrkz, Acquires UK Growth Marketing Agency Space & Time

AI Summary

Nazara Technologies Limited's subsidiary, Datawrkz, has acquired a 100% stake in Space & Time, a UK-based independent growth marketing agency. The acquisition, worth approximately GBP 4.8 million in cash and stock, is a strategic move to advance Datawrkz’s growth ambitions across Europe and North America. The collaboration aims to deliver more impactful digital advertising solutions and drive further expansion, especially in the European and UK markets. Space & Time will gain access to Datawrkz’s cutting-edge technology and products, enhancing their ability to deliver effective campaigns and capitalize on growth opportunities.

Key Highlights

  • Nazara's subsidiary, Datawrkz, acquires 100% stake in UK-based Space & Time for GBP 4.8 million in cash and stock.
  • The acquisition is a strategic move to advance Datawrkz’s growth ambitions across Europe and North America.
  • The collaboration aims to deliver more impactful digital advertising solutions and drive further expansion in European and UK markets.
  • Space & Time will gain access to Datawrkz’s cutting-edge technology and products.
  • Space & Time is a Google Premier Partner in the UK with strong revenue growth over the last three years.
NAZARA
Digital Entertainment
Nazara Technologies Ltd

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