3月20日，游戏圈传来重磅消息：字节跳动已与沙特主权基金旗下的Savvy Games Group达成最终协议，以超过60亿美元的价格出售上海沐瞳科技全部股权。这笔交易成为近年来全球游戏行业规模最大的并购案之一。
交易完成后，沐瞳将成为Savvy的全资子公司，但管理结构保持不变，总部仍位于上海，现任CEO张云帆将继续留任。字节方面将为沐瞳员工提供基于历史业绩的激励计划，包括加速部分长期激励的归属和发放。
沐瞳是东南亚市场的MOBA手游龙头，其旗舰产品《Mobile Legends: Bang Bang》自2016年上线以来，已成为该地区的国民级游戏，全球累计下载量已突破15亿次。成熟的电竞赛事体系和本地化运营能力，被认为是Savvy此次出手的核心原因，旨在补齐其在亚洲游戏市场的布局短板。
对于字节跳动而言，这是一笔相当划算的买卖。2021年，字节通过其游戏部门“朝夕光年”以约40亿美元收购沐瞳。若以本次交易的最低估值60亿美元计算，字节将获得超过20亿美元的账面盈利。
行业分析普遍认为，此次出售是字节跳动战略聚焦的重要举措。由于在AI领域投入巨大，叠加芯片价格上涨等因素，字节2025年第四季度整体利润出现下滑。出售表现良好但非核心的游戏资产，既能回笼可观资金，也体现了其集中资源押注AI核心赛道的决心。
接手方Savvy Games Group隶属于坐拥6500亿美元资产的沙特公共投资基金，是沙特“2030愿景”中布局游戏与电竞产业的核心平台。近年来，沙特资本在全球游戏圈动作频繁，已先后收购Scopely、ESL Gaming等公司，并参与了对美国艺电的收购。
从字节出售沐瞳，到近期网易收缩海外游戏业务，大厂纷纷剥离非核心资产、回笼资金聚焦主业的趋势正在显现。而手握“钞能力”的沙特，正通过资本并购快速构建从研发、发行到电竞的完整产业闭环，悄然成为重塑全球游戏格局的新势力。
以下为全员信内容：
大家好，
最近公司和Savvy Games Group（简称“Savvy”）签署了协议，双方将在未来一段时间内完成交易。交易完成后，沐瞳将成为Savvy的全资子公司。与此同时，沐瞳的管理结构保持不变，沐瞳仍是一家总部位于上海的公司。我本人也将继续担任沐瞳CEO，和管理团队一起继续带领公司向前发展。
这次交易经过了慎重考虑和讨论。“为全球玩家创造激动人心的体验”是沐瞳不变的使命。自2016年上线以来，《决胜巅峰 Mobile Legends: Bang Bang》 受到了很多玩家的喜爱，我们也基于此，打造了专业化、生态丰富的电竞赛事体系。这与Savvy的使命“推动游戏和电竞领域的长期发展和创新”和其电竞规划是相契合的。相信通过和Savvy的合作，沐瞳将迎来更广阔的发展机遇，为更多全球玩家带来更好的游戏体验。
交易完成后，基于历史业绩贡献，我们将为沐瞳的同学们提供多项激励计划，其中包括加速部分历史授予的长期激励的归属和发放。同时也将基于未来的业绩，推出新的有吸引力的激励方案。具体情况会由各Leader及HRBP和大家沟通。
过去两年里，我们取得了不错的成绩。相信我们会一起创造更加美好的未来！
张云帆
Hi All,
Recently, the Company signed an agreement with Savvy Games Group (“Savvy”). We will be finalizing the transaction in the near future. Once the transaction is completed, Moonton will become a wholly-owned subsidiary of Savvy. Meanwhile, Moonton's management structure will remain unchanged: Moonton will continue to be headquartered in Shanghai. I will continue to serve as CEO of Moonton and, together with the management team, we will continue to lead the company forward.
This development was the result of careful consideration and discussion. Moonton's mission remains the same: "To create thrilling experiences for players around the world." Since its launch in 2016, "Mobile Legends: Bang Bang" has gained a strong following among players. As such, we have built a professional and vibrant esports tournament ecosystem. This aligns with Savvy's mission to "drive long-term growth and innovation in games and esports" and the Company's overall esports strategy. We believe that through this partnership with Savvy, Moonton will receive broader development opportunities and deliver an even better gaming experience to more players around the world.
Upon completion of the transaction, we will be offering Moonton employees a range of incentive programs based on historical business performance, including accelerated vesting and payout of certain long-term incentives granted in the past. We will also introduce a compelling new incentive plan for future performance. Your leaders and HRBPs will share more details with you.
We have achieved many solid results over the past two years. I am confident that we will build an even brighter future together!
Zhang Yunfan
