One Of The Top 10 Biggest Gaming Buyouts In History Just Happened
Savvy Games Group has confirmed its acquisition of Moonton Technology, the developer of Mobile Legends: Bang Bang, for over $6 billion USD. This deal marks the sixth-largest buyout in video game history, with ByteDance making a $2 billion profit from its 2021 purchase. Savvy Games Group has been active in acquisitions, previously buying Scopely and Niantic's gaming division.
- Entities
- Company: Electronic Arts
- Company: Savvy Games
- Company: Moonton Technology
- Topic: Mobile Gaming
- Game: Pokémon Go
- Company: Niantic
- Game: Mobile Legends: Bang Bang
- Topic: Mergers and Acquisitions
- Company: Scopely
- Game: Monopoly Go
- Company: ByteDance
- Company: Public Investment Fund
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