'Pokemon Go' Maker Niantic to Sell Game Division to Saudi-Owned Scopely for $3.5 Billion
Niantic said it would distribute an extra $350 million to its equity holders under the deal. It will also spin off its geospatial AI business into a new firm called Niantic Spatial, which will be led by Niantic founder and CEO John Hanke.
Saudi Investment Fund pays $3.5bn to capture Pokémon Go
It has also made waves in the eSports industry, with Saudi Arabia hosting major tournaments including last year's eSports World Cup, which had a prize pool of over $60m. Riyadh will also host 2027 ...
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.
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.
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,
Pokémon Go Scroll Cup Great League Edition best team recommendations
Only three types of Pokémon are allowed to enter the Scroll Cup: dark-, fighting-, and water-type Pokémon. There’s also a ...
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Pokémon Go sold to Saudi-owned company for $3.5 billion
The kingdom aims to become a global gaming hub, hosting events like the Esports World Cup. Niantic isn't exiting tech ...
Pokémon European International Championships 2025 report - Miraidon domination
The first major Pokémon championship of the year has just taken place in London, as competitors compete for a place at the Worlds in California.
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7 best teams for Master Premier Cup in Pokemon GO Dual Destiny
What makes this one of the best teams for Master Premier Cup in Pokemon GO Season 21 is that it has excellent coverage and bulk. With Electric-, Dragon-, Steel-, Fighting-, and Water-type across ...
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Pokemon World Champion Wolfey praises “game changing” Presents reveal
The current Pokemon World Champion Wolfe “Wolfey” Glick has reacted to the Pokemon Champions announcement – and he’s very ...
Best teams for Scroll Cup Great League in Pokémon Go
The next round for the battle league during Pokémon Go ‘s Might and Mastery season is now available, and you can participate ...