Saudi-backed Savvy Games acquires mobile developer Moonton for $6 billion
Saudi-backed Savvy Games has acquired Chinese mobile developer Moonton for $6 billion, strengthening its position in the mobile gaming and esports markets. Moonton is known for its popular MOBA game Mobile Legends: Bang Bang, which boasts over 110 million monthly active players. This acquisition is part of Savvy Games' broader strategy to invest heavily in the gaming industry.
Checkpoint Gaming
- Entities
- Microsoft
- Moonton
- Savvy Games
- EA
- Bytedance
- Bethesda
- Mobile Gaming
- Pokémon Go
- Niantic
- Mobile Legends: Bang Bang
- Mergers and Acquisitions
- Scopely
- Brian Ward
- Esports
Original source
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