Savvy Games Group, a gaming and esports company backed by the Saudi government’s Public Investment Fund, has announced that it will acquire mobile games studio Scopely for $4.9 billion. Scopely, founded in 2011, is responsible for several popular mobile games including Yahtzee With Buddies, Star Trek Fleet Command, Marvel Strike Force, Stumble Guys, and Scrabble Go.
The acquisition marks a significant move for Savvy Games Group as it aims to expand its presence in the mobile gaming industry. Scopely has a strong track record of producing successful titles and has built a loyal following among mobile gamers. The deal is also one of the largest in the mobile gaming industry, with the acquisition price exceeding the $4 billion that Zynga paid for Peak Games in 2020.