Tag: OpenPlay Technologies

  • Nazara acquires skill gaming platform OpenPlay

    By Our Staff

     

    Nazara Technologies Limited, the gaming and sports media major, has announced that it has acquired 100% stake in Hyderabad-based skill-gaming company OpenPlay for a total consideration of INR 186.4 crore.

     

    Said Nazara CEO Manish Agarwal: “The OpenPlay acquisition offers an opportunity for Nazara to build a network of skill gaming destinations operating on one common tech platform under the proven leadership of Sreeram and his team at OpenPlay. Sreeram is a successful entrepreneur globally in online real money gaming and we are excited that he will be leading Nazara’s growth in this sector.”

     

    Added Sreeram Reddy Vanga, Founder at OpenPlay Technologies: “I’m excited to join the ‘Friends of Nazara Network’ and look forward to working closely with Nazara leadership and the Network to build India’s largest vernacular social gaming and entertainment platform. Our technology complemented by Nazara’s positioning in the gaming industry in India is the perfect combination for this endeavour.”