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Niantic to Sell Pokemon GO, Other Games

The Wall Street Journal on MSN · 20h

Niantic to Sell Pokemon GO, Other Games to Saudi-Backed Group in $3.5 Billion Deal

Pokemon GO” maker Niantic reached an agreement to sell its gaming business to Savvy Games Group’s subsidiary, Scopely, for $3.5 billion, handing the company backed by Saudi Arabia’s sovereign wealth fund the hit mobile game along with engagement and live-experience apps.

Pokemon Go maker sells off games division to Saudi company for $3.5B

Niantic Labs is selling its video-game division to Saudi Arabia-owned Scopely for $3.5 billion US, as the American augmented reality firm shifts focus to geospatial technology after failing to recreate the success of its 2016 smash hit Pokemon Go.

Polygon on MSN · 1d

Pokémon Go (and other Niantic games) just sold for $3.5B

The rumors were true. Niantic’s games division, which makes the augmented reality megahit Pokémon Go, has been sold to mobile gaming powerhouse Scopely for a whopping $3.5 billion.

7h

Maker of Pokémon Go Agrees to Sell Unit to Saudi Fund

Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s ...

1h

‘Pokémon GO’ Studio Sold To Saudi Group For $3.5 Billion

In a significant move within the gaming industry, Niantic, the developer behind the popular augmented reality game Pokémon GO ...

Lifestyle Asia6h

Niantic, Inc., owner of Pokémon Go, was just sold for US$3.5 billion

Pokémon Go is now owned by Scopely which means it is now technically owned by the Saudi Arabian government's Savvy Games ...

The Daily Star5h

Pokémon Go sold to Saudi-owned company for $3.5 billion

Pokémon Go became a cultural sensation upon launch, blending augmented reality (AR) with real-world exploration.

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