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Friday, March 14, 2025

Pokémon GO Developer Niantic Reportedly In Talks To “Promote Video games Unit”


Picture: Niantic, The Pokémon Firm

A brand new report from Bloomberg claims Pokémon GO developer Niantic is outwardly in talks to promote its online game enterprise to the Saudi Arabia-owned firm Scopely.

This deal would supposedly be introduced within the “coming weeks” and the determine of the sale is anticipated to be round $3.5 billion. This sale would reportedly embody the cellular hit Pokémon GO, however remember there is no direct affirmation from Niantic at this stage and the data comes from “a number of individuals acquainted with the discussions”.

Whereas Niantic has skilled loads of success with GO through the years, it is struggled to recreate this magic with every other mental properties. This contains having to cancel Harry Potter: Wizards Unite and in addition minimize its workforce.

Scopely is a subsidiary of Savvy Video games Group, owned by Saudi Arabia’s Public Funding Fund (the identical fund with a stake in Nintendo).



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