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 sovereign wealth fund acquired Scopely in 2023.
'Pokémon Go' sells to Saudi-backed Scopely in $3.5-billion deal
Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.
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.
Saudi Investment Fund pays $3.5bn to capture Pokémon Go
Saudi Arabia's Public Investment Fund (PIF) will pay $3.5bn (£2.7bn) to buy the gaming division of developer Niantic, whose titles include the hit mobile game Pokémon Go. The game involves players walking around in the real world to hunt the collectable creatures,
Pokémon Go maker Niantic sells its game division to Saudi-owned Scopely
Niantic Labs just announced that it has found a buyer for its game division after putting out feelers back in February. The Saudi Arabia-owned company Scopely has agreed to purchase the division for $3.
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