Krafton, the South Korean gaming company, has entered the Indian gaming market by acquiring a majority stake in Nautilus Mobile, a studio known for its Real Cricket franchise. The deal, valued at $14 million, aims to strengthen Krafton's position in the booming mobile gaming sector in India, especially in cricket games. Despite the acquisition, Nautilus will retain its operational independence and workforce. Following the acquisition, Krafton plans to enhance existing titles and develop new games suited for both the Indian and global markets, capitalizing on India's growing mobile gaming revenue.
The acquisition allows Krafton to strengthen Nautilus's core competence in mobile cricket games, leveraging Nautilus's existing titles while exploring new genres for the Indian and global market.
Sean Hyunil Sohn highlights that Nautilus's development capabilities will enable Krafton to enhance its gaming strategy in India, focusing on the cricket genre with tremendous local demand.
Collection
[
|
...
]