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Founded in 2018 by entrepreneur Roman Romanstov, The Starladder team has over 20 years of experience in organizing esports events and a wide portfolio of iconic events. Starladder has organized many white-label events and has experience working with the largest game developers such as Valve, Tencent, Krafton, Blizzard, Riot Games, Supercell, Com2us, Moonton, Smilegate, etc.
Nazara Technologies stated that the acquisition of 100% of the share capital of StarLadder will be a combination of secondary sale and stock swap of NODWIN Gaming Pte shares for an initial consideration of upto $5.5 million (Rs 46.75 crore).
The initial consideration would be payable partly by way of cash consideration upto $2 million (Rs 17 crore) and balance $3.5 million (Rs 29.75 crore) by way of swap of equity shares of NODWIN Gaming Pte.
Additional consideration is payable on meeting the earn-out targets. This acquisition will see StarLadder become a fully owned subsidiary of NODWIN Ga...
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