Niantic Sells Gaming Division to Saudi-Owned Scopely for $3.5 Billion
Niantic Labs, the maker of Pokémon Go, is selling its gaming division to Scopely for $3.5 billion. If approved, Scopely will acquire Niantic’s game catalog and development team. Saudi Arabia’s Public Investment Fund, which bought Scopely for $4.9 billion in 2023, has been expanding its…
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