Savvy Games Group has acquired Scopely for $4.9 Billion

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mobile game developer rangewise announced that it had been acquired by Savvy gaming group in a transaction estimated to be $4.9 billionThe company behind award-winning and popular mobile titles such as . stumbling man, kingdom makerand WWE Champion announced a deal in April 5, 2023while calling it an “exciting new chapter.”

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The deal ranks as the sixth-largest gaming acquisition in history

Founded in 2011, Scopely, Inc. is a mobile-first video game developer and publisher headquartered in California. Scopely has partnered with Investments in various game studios In addition to the game production facility inside. However, Saudi Arabian unit Savvy Games public investment fundattracted interest and paid $4.9 billion to acquire Scopely.

Official announcement from Scopely
Official announcement (image via Scopely)

The deal ranks as the sixth largest gaming acquisition in history. For more information, Microsoft’s A $68.7 billion acquisition of activision blizzard Last year remains the biggest acquisition in gaming history, and given the massive investment the global giant has made, it could be out of control for at least 2-3 years.

Scopely Continues to Revolutionize the Future of Gaming, Says Savvy CEO

Brian Ward, CEO Member of Savvy Gaming Group, Activision Blizzard, Microsoft, and electronic artswhich led the acquisition, said his company hopes to help Scopely reach its goals more quickly. Walter Driver and Javier Ferreira.

Brian Ward added: “Scopely is one of the fastest growing gaming companies today and I have long admired their ability to build a loyal and engaged player community. Proven to be an extraordinary leader, and will continue to revolutionize the future of gaming, we will continue to accelerate the company’s ambitions and work with our talented team of developers, designers and publishers to reach out to the world. We look forward to creating innovative and exciting new products for our gaming community.”

Scopely game
Image via Scopely

Scopely claims the deal will accelerate the growth of live games, slates, crews and technology to deliver even more immersive experiences. They go on to say that using Savvy has inspired them to reach new audiences, continue to work with the best talent and studios in the business, and expand their reach through other strategic partnerships and acquisitions. says.

What do you think about Savvy Games Group? Acquired Scopely for $4.9 billion? Let us know in the comments below!

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