‘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.
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 Developer Niantic Sells Games Division to Monopoly Go Publisher Scopely
Pokémon Go, Monster Hunter Now, and Pikmin Bloom will be operated by their original teams under the banner of Saudi-owned Scopely.
Niantic sells Pokemon Go and gaming portfolio to Saudi-backed Scopely for $3.5 billion
Niantic Labs, the developer behind the smash hit Pokemon Go, has announced that it is selling the mobile creature-collecting game along with the rest of its gaming assets to Scopely for $3.5 billion. With that deal closed, Niantic will spin off its geospatial AI business into Niantic Spatial Incorporated.
Pokemon Go Owner Niantic Sells Gaming Business to Saudi Group for $3.5 Billion
Saudi sovereign wealth fund-backed Scopely has agreed to buy Niantic's gaming business, including the mobile hit Pokemon Go, for $3.5 billion (roughly Rs. 30465 crore)
Pokémon Go developer Niantic acquired by Monopoly Go developer Scopely
Pokémon Go developer Niantic has been acquired by Monopoly Go developer scopely This was done to the tune of an eye-watering $3.5 billion The acquisition means that Niantic's highly successful catalogue will join Scopely's own releases It's a Red Letter day for Pokémon Go,
Saudi investment fund Scopely acquires Pokémon Go for $3.5 billion
The Pokémon brand is owned jointly by Nintendo, Game Freak, and Creatures, which granted Niantic the license to develop the game.
Scopely’s $3.5B Niantic Purchase Is Gaming’s Biggest Private M&A Deal In Years
Mobile gaming company Scopely announced it will acquire Pokémon Go maker Niantic’s games business in a deal valued at $3.5 billion.
‘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.
'Pokemon Go' unit sold to Saudi Group for $3.5 billion
Scopely, which is owned by a unit of the Public Investment Fund of Saudi Arabia, will also acquire Pikmin Bloom and Monster Hunter Now from Niantic, along with the teams working on them, the Saudi company said in a statement on Wednesday.
Scopely to Acquire ‘Pokémon Go' Maker Niantic's Games Division for $3.5 Billion
Mobile gaming giant Scopely is set to acquire the games division of Niantic, the software developer behind "Pokémon Go," "Pikmin Bloom” and "Monster Hunter Now,” in a deal valued at $3.5 billion. Under the terms of the sale,
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 ...
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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 ...