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Krafton acquires controlling stake in Indian gaming studio Nautilus Mobile for $14M

Krafton, the company behind PUBG and BGMI, has acquired a controlling interest in Indian mobile gaming studio Nautilus Mobile.

MAIN POINTS
  1. Krafton is the developer of popular games PUBG and BGMI.
  2. Nautilus Mobile is a 12-year-old Indian mobile gaming studio.
  3. Krafton has acquired a controlling stake in Nautilus Mobile.
  4. The acquisition highlights Krafton's interest in expanding its presence in the Indian gaming market.
TAKEAWAYS
  1. Krafton's acquisition strategy includes investing in established gaming studios.
  2. Nautilus Mobile's expertise in mobile gaming aligns with Krafton's portfolio.
  3. This move may enhance Krafton's influence in the Indian gaming industry.
  4. The acquisition could lead to new gaming collaborations and innovations.
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