'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.
Pokemon Go maker sells off games division to Saudi company for $3.5B
Niantic Labs is selling its video-game division to Saudi Arabia-owned Scopely for $3.5 billion US, as the American augmented reality firm shifts focus to geospatial technology after failing to recreate the success of its 2016 smash hit Pokemon Go.
Pokemon GO” maker Niantic reached an agreement to sell its gaming business to Savvy Games Group’s subsidiary, Scopely, for $3 ...
ZME Science on MSN3d
Pokémon Go Players Were Duped Into Training a Powerful AI Map of the Real WorldWith Pokémon Go, Niantic brought the beloved franchise into the real world, allowing players to catch, train, and battle ...
Screen Rant on MSN2d
Pokémon GO's Niantic Officially Being Bought By Monopoly GO's Scopely In Eye-Watering $3.5B DealNiantic, developers of Pokémon GO and Pikmin Bloom, have been sold to the mobile gaming company Scopely in an incredible ...
The rumors were true. Niantic’s games division, which makes the augmented reality megahit Pokémon Go, has been sold to mobile ...
Game Rant on MSN1d
New Pokemon GO Quest is Easier for Rural Players to CompletePokemon GO's rural players have an advantage at getting a shiny Meloetta after years of complaints that the game favors city ...
Niantic will sell its gaming business to Scopely, including 'Pokemon Go,' 'Pikmin Bloom' in a deal that transforms the mobile ...
In a significant move within the gaming industry, Niantic, the developer behind the popular augmented reality game Pokémon GO ...
Saudi Arabia has spent billions of dollars on video games in recent years, but profitability remains a challenge in the ...
A Pokemon character appears in a London street during a game of Pokémon Go shortly after it launched in 2016. Photo: Olivia ...
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