Savvy Games Group, a subsidiary of Saudi Arabia's Sovereign Wealth Fund Public Investment Fund (PIF), is planning new gaming acquisitions and investments. After several significant deals in the mobile sector, it does not rule out that it might sign an M&A agreement with developers for "major" platforms.
Brian Ward
In an interview with PocketGamer, the CEO of Savvy Games Group, Brian Ward, shared that his company has always wanted to invest in a studio with console and PC games, but none have sufficiently sparked their interest.
"We haven't found anything super attractive and suitable for us yet. But we continue to search," said Ward.
It is to be recalled that in mid-March, it was revealed that Niantic's gaming division, known for Pokémon GO, will soon join the Savvy Games Group family—Scopely bought it for $3.5 billion. The Saudi company acquired Scopely, known for the mobile hit MONOPOLY GO!, in 2023 for $4.9 billion.
In the console and PC gaming segment, Savvy Games Group last made a significant deal two years ago. At that time, it invested $1 billion in Embracer Group. Later, the company agreed to invest an additional $2 billion in Embracer Group, but the deal fell through at the last moment, leading to a major restructuring of the Swedish holding and the closure of many of its subsidiary studios.
Additionally, in 2025, PIF planned to transfer to Savvy Games Group its shares in companies such as Take-Two Interactive, Activision Blizzard, Electronic Arts, Nintendo, Koei Tecmo, NCSOFT, Capcom, and Nexon. Whether this transfer has been completed or not is unknown.