Nazara Technologies acquires 100% of Spain-based Bluetile Games and affiliated engagement platform BestPlay Systems for $303 million in fixed cash consideration. The deal allocates $223 million to Bluetile and $80 million to BestPlay; together, they report $153.6 million in CY25 turnover and $27.7 million in EBITDA. Bluetile operates 17 live mobile games and has 22 million monthly active users, while BestPlay reports 2.2 million; Bluetile founder Raymond Albaladejo Stauffer becomes Nazara CEO on September 1, 2026.
Nazara Technologies says founder Nitish Mittersain will step down as CEO effective September 1, and its board appoints Raymond A. Stauffer to take over. Mittersain continues as founder and managing director.
Nazara Technologies reports unprecedented revenue growth, reaching INR 1,829 crores in revenue and INR 255 crores in EBITDA, up 66%. Its Q4 2026 earnings call highlights strategic acquisitions and advancements alongside those results, while the company acknowledges challenges in certain segments.
Nazara Technologies reports a sharp increase in net profit for the March quarter, rising to Rs 55.7 crore from Rs 4.1 crore a year earlier. Its FY26 EBITDA reaches a record Rs 255 crore.