Niantic to Sell Pokemon GO, Other Games to Saudi-Backed Group in $3.5 Billion Deal
Niantic is also selling “Pikmin Bloom,” and “Monster Hunter Now,” Niantic’s most recent game.
‘Pokémon Go’ Games Unit Sold to Saudi Group for $3.5 Billion
Saudi sovereign wealth fund-backed Scopely Inc. has agreed to buy Niantic Inc.’s gaming business, including the mobile hit Pokémon Go, for $3.5 billion.
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 developer Niantic to sell gaming business to Saudi group
Niantic games have always been a bridge to connect people and inspire exploration, and I am confident they will continue to do both as part of Scopely,” said Niantic CEO John Hanke. “I firmly believe this partnership is great for our players and is the best way to ensure that our games have the long-term support and investment needed to be ‘forever games’ that will endure for future generations.
Saudi Arabia Speeds Up Gaming Hub Vision As It Acquires 'Pokemon Go' Game Developer for £2.7 Billion
The deal also strengthens Scopely's portfolio, making it one of the few companies with two top ten mobile games alongside Monopoly GO.
Pokémon Go Being Bought by Saudi-owned Company
Pokémon Go is being bought by Scopely, the Saudi fund-owned company behind Monopoly Go and Marvel Strike Force.
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, which appear on their phone screens using augmented reality.
‘Pokemon Go’ games unit sold to Saudi group for US$3.5 billion
DUBAI, NEW YORK] Saudi sovereign wealth fund-backed Scopely has agreed to buy Niantic’s gaming business, including the mobile hit Pokemon Go, for US$3.5 billion. Read more at The Business Times.
Saudi Arabia Acquires Company Behind Pokemon Go
Saudi Arabia's Scopely has acquired Niantic's gaming division, the creator of the renowned augmented reality (AR) game Pokémon Go, for $3.5 billion. Read More: Brad Pitt's F1 Movie is Coming Out This June Through this acquisition,
Saudi Arabia’s capture of Pokemon Go joins top 10 gaming acquisitions
Mobile gaming witnessed one of its biggest acquisition deals when Saudi Arabia’s Scopley announced this week that it was buying augmented reality gaming company Niantic for $3.5 billion. The deal includes ownership of successful titles Pokemon Go and Pikmin Bloom,
Pokémon Go's Niantic Sold Entire Gaming Division To Saudi Arabia In $3.5 Billion Deal
In a landmark acquisition, Saudi Arabia-owned mobile gaming company Scopely has officially agreed to purchase Niantic's video game division for a staggering $3.5 billion. The deal includes not only Pokémon Go,
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Saudi group buys 'Pokemon Go' for $3.5 Billion: What we know
Saudi Arabia has spent billions of dollars on video games in recent years, but profitability remains a challenge in the ...
Pokémon Go Sold To Saudi Government
One of the defining games of the last decade, Pokémon Go, now belongs to the Saudi Arabia government. Mobile game maker Scopely, which is owned by the Saudi royal investment fund, announced its ...
‘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 ...