India, May 7 -- Gaming major Nazara Technologies' subsidiary Absolute Sports is set to acquire two of Titan Insider Digital IPs - TJRWrestling.net and ITRWrestling.com in an all cash deal.

Absolute Sports will be acquiring both the companies via its US subsidiary, Sportskeeda Inc, for INR 10.5 Cr.

The deal is expected to close within the next 45 days, the company said in a statement.

With these acquisitions, Sportskeeda seeks to expand its US footprint along with strengthening its position in the combat sports segment like wrestling.

Commenting on the acquisition, Absolute Sports' chief executive officer Ajay Pratap Singh said, "This acquisition aligns perfectly with our vision to be the leading go-to destination for wrestling content...