Hyderabad based online gaming company, 7Seas Technologies Ltd has acquired German website neodelight.com, the gaming division of Neokolor GBR.

The deal covers the full IP rights owned by Neodelight, which includes games, game engine and its website.

Neodelight has developed 33 games for which it owns the IP Rights. Neodelight brand is very popular and the website receives more than 3 million pages views every month. Neodelight attracts nearly one million unique users per month.

L Maruti Sanker, Managing Director of the company said, “This is first time that an Indian gaming company has acquired an online gaming company from Europe. As Neokolor is a privately held company we are unable to share the value of the deal. Neodelight devlops games for online with its own game engines. Its games are popular and available on more than 500 gaming sites."

He further said, “Targeting the Nokia handsets that enable our Flash technology, we plan to launch our first mobile 3D game based on a Telugu film character by this year end. We expect to release Kraze, a multi-genre 3D PC racing game in the international market during the same time.”

With Neodelight's game engine technology and its existing IP-owned games, 7Seas Technologies will now have a total of 200 IP-owned games by the end of this year.