Savvy Games Group has acquired game development studio Scopely for $4.9B.
Scopely has created games for franchises such as Marvel and Star Trek.
- Scopely is known for developing games such as:
- Marvel Strike Force,
- Stumble Guys,
- and Star Trek: Fleet Command.
- Savy Games Group is owned by Saudi Arabia's Public Investment Fund and has a $13B budget to deploy for acquisitions.
- The Fund has also invested in esports companies such as:
- Nintendo,
- Embracer Group,
- Capcom, Nexon,
- SNK,
- VSPO
- and ESL Gaming.
- Since its inception in 2011, Savy Games Group has raised over $900M and was previously valued at $3.3B.
