India, Aug. 13 -- At a time when founder Nitish Mittersain is set to step down as the CEO on September 1, 2026, Nazara Technologies seems to be standing at an interesting crossroads.

The gaming company is moving aggressively to consolidate Spain-based casual gaming studio Bluetile Games and BestPlay by appointing Bluetile founder and CEO Raymond Stauffer as its new CEO.

The gaming giant has agreed to acquire 100% of Bluetile and BestPlay for a fixed cash consideration of $303 Mn, with $89 Mn payable at closing and the remaining $214 Mn due in tranches by April 1, 2027. This is a significant commitment for a company that reported consolidated revenue of Rs.429 Cr and a net loss of Rs.82 Cr in the first quarter of financial year 2026-27 (...