Niantic is looking to sell its entire game catalog for $3.5 billion, potentially signaling a new direction. The company's strategic focus on AR gaming has not been successful, with user interest primarily in the Pokémon brand.

Niantic, the developer of Pokémon Go, is in talks to sell off its games for $3.5bn to the Saudi Arabia-owned Monopoly

Niantic, the company behind the popular augmented reality game Pokémon Go, is looking to sell its game development business, Bloomberg reported.