Savvy Games Finalizes $6 Billion Acquisition of Mobile Legends Developer Moonton
Savvy Games, a prominent player in the global gaming industry, has officially concluded its significant acquisition of Moonton Technology. Moonton is widely recognized as the developer of the immensely popular mobile multiplayer online battle arena (MOBA) game, Mobile Legends: Bang Bang. The deal, valued at an impressive $6 billion, sees Moonton transition from its previous owner, ByteDance, the parent company of the social media giant TikTok, to Savvy Games.
This strategic move underscores Savvy Games' commitment to expanding its portfolio within the highly competitive mobile gaming sector and integrating leading titles and development talent. The acquisition is expected to further solidify Savvy Games' position in the international market, particularly in Southeast Asia where Mobile Legends: Bang Bang boasts a massive and dedicated player base.
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