Savvy Games Group to buy mobile game publisher Scopely for $4.9B

Katherine Bateman Scopely, Velvet Sea Ventures

Savvy Games Group has agreed to acquire mobile game publisher and developer Scopely for $4.9 billion.

The deal is the latest sign of consolidation in gaming — and mobile gaming in particular — and it further cements the push by Saudi Arabia’s Savvy Games Group to expand in the game industry.

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