Saudi Arabia’s Public Investment Fund is considering merging Electronic Arts with Savvy Games Group, according to a new Bloomberg report subsequently corroborated by Reuters. The discussions remain preliminary, and no final decision has been made on combining the two PIF-controlled gaming businesses. EA, Savvy Games Group and PIF had not publicly commented on the reported proposal at the time of writing.
The potential combination would bring together one of the world’s largest traditional game publishers with Savvy’s rapidly expanding games and esports portfolio. EA owns major franchises including EA Sports FC, Battlefield and The Sims, while Savvy owns Scopely, the mobile publisher behind Monopoly Go!, and through Scopely controls games including Pokémon GO following its 2025 acquisition of Niantic’s games business. A merger would therefore create a group spanning console and PC publishing, mobile games and esports operations.
PIF’s relationship with EA changed significantly in August when a consortium consisting of the Saudi fund, Silver Lake and Affinity Partners completed its acquisition of Electronic Arts. The deal, originally announced in September 2025, valued EA at approximately $55 billion and took the publisher private. Regulatory filings from the acquisition process described PIF as controlling the vehicle used to acquire EA, while Savvy Games Group is wholly owned by the Saudi sovereign wealth fund.
According to Bloomberg’s report, as relayed by Reuters, any EA-Savvy combination is unlikely to proceed until Savvy completes its planned acquisition of Moonton, the Chinese developer behind Mobile Legends: Bang Bang. Reuters previously reported in February that ByteDance had been in advanced discussions to sell Moonton to Savvy for between $6 billion and $7 billion. The latest report places the value of that pending transaction at around $6 billion.
Savvy has already spent billions building its international gaming portfolio. It acquired Scopely for $4.9 billion in 2023, and Scopely subsequently bought Niantic’s games business in a $3.5 billion transaction that brought Pokémon GO, Pikmin Bloom and Monster Hunter Now into the company. Savvy also owns ESL FACEIT Group and has investments elsewhere in the games and esports industries, making a possible combination with EA substantially broader than a conventional publisher merger.
The talks also arrive during a leadership transition at Savvy Games Group. Founding CEO Brian Ward stepped down at the beginning of September after overseeing the company’s expansion and acquisition strategy. Turqi Alnowaiser, PIF’s deputy governor and head of international investments, was named interim acting CEO while the group searches for permanent leadership.
A merger of this scale could still face significant regulatory examination. Competition authorities have scrutinized large gaming transactions more closely in recent years, with Microsoft’s acquisition of Activision Blizzard becoming one of the industry’s most prominent examples. The structure of any prospective EA-Savvy deal, including how the companies would be integrated and which operations would sit under the combined business, has not been disclosed.
For now, the proposal should be treated as a reported consideration rather than an agreed transaction. Neither Bloomberg nor Reuters reported that terms have been finalized, and Reuters said PIF declined to comment while EA and Savvy did not immediately respond to requests for comment. Even so, the discussions underline how much of the global games industry has already come under PIF’s investment umbrella and how much further Saudi Arabia may be considering consolidating those holdings.
