Shafaqna English– Bloomberg News reported on Thursday, citing sources familiar with the matter, that Saudi Arabia’s wealth fund is weighing the possibility of merging Electronic Arts and Savvy Games to form a gaming powerhouse.
If realized, this merger would create one of the largest gaming entities in the world, consolidating significant assets under the control of the Saudi sovereign wealth fund and marking a major strategic move in the global gaming industry.
Both companies are owned by the Public Investment Fund, and their merger would create a gaming giant with a diverse range of popular franchises. The combined portfolio would span EA’s blockbuster titles like EA Sports FC, Battlefield, and The Sims, alongside Savvy’s successful mobile games such as Monopoly Go! and Pokemon GO.
This merger would give the new entity a strong foothold in both traditional and mobile gaming markets, significantly expanding its global reach and influence.
Source: Reuters