Moonton Acquired by Savvy Games Group — Technology M&A

Savvy Games Group has acquired Moonton, a technology other business in Saudi Arabia, for $6B. Moonton develops mobile and online games, including popular titles tied to esports and live-service gameplay. Savvy Games Group acquisitions aim to expand gaming content and strengthen its technology M&A footprint in the Kingdom. The strategic acquisition is announced and classified as other acquisition, with deal size over $100M.