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.
Gamespot
- Entities
- Electronic Arts
- Savvy Games
- Moonton Technology
- Mobile Gaming
- Pokémon Go
- Niantic
- Mobile Legends: Bang Bang
- Mergers and Acquisitions
- Scopely
- Monopoly Go
- ByteDance
- Public Investment Fund
Original source
This article was reported and published by Gamespot. feed.gg links to it as part of a story cluster — full text, images and rights remain with the publisher.