Published on: 2025-06-19 16:14:19
Saudi Investment Fund pays $3.5bn to capture Pokémon Go 3 hours ago Share Save Tom Gerken Technology reporter Share Save Getty Images Saudi Arabia's Public Investment Fund (PIF) will pay $3.5bn (£2.7bn) to buy the gaming division of developer Niantic, whose titles include the hit mobile game Pokémon Go. The game involves players walking around in the real world to hunt the collectable creatures, which appear on their phone screens using augmented reality. Despite launching almost a decade ago
Keywords: game games niantic pokémon saudi
Find related items on AmazonPublished on: 2025-06-19 16:49:00
Your next game of Pokemon Go could be changing. The game is getting a new corporate boss. Meanwhile, previous parent company Niantic has other plans: a future that's less about gaming and more about maps that are AI-generated by those games. I've already seen pieces of that future, and AR glasses may just be one part of where it all plays out. However, it may still involve some games, too. Niantic retains control of Ingress and Peridot, two of its most augmented reality-focused, location and ma
Keywords: ai data like niantic world
Find related items on AmazonPublished on: 2025-06-19 16:00:00
Mobile gaming giant Scopely on Wednesday said it has agreed to acquire Pokémon GO maker Niantic’s gaming division for $3.5 billion. Niantic said that it will add an additional $350 million cash to yield a total value of $3.85 billion to Niantic equity holders. Niantic’s games roster includes the hit Pokémon GO, which has more than 20 million weekly active players; Pikmin Bloom, a walking game introduced in 2021; Monster Hunter Now, an AR game released in 2023; Campfire, a community interaction
Keywords: game games niantic said scopely
Find related items on AmazonPublished on: 2025-06-20 02:39:00
What just happened? Niantic, the company that enjoyed global success with Pokémon Go in 2016, is selling its gaming division to Scopely for $3.5 billion. In addition to Pokémon Go, the deal will see Monster Hunter Now and Pikmin Bloom become the property of the Saudi Arabia-owned mobile developer. Scopely is also acquiring Niantic's internal development teams and companion apps for Pokémon Go – Campfire and Wayfarer. Peridot and Ingress, which also use the Wayfarer mapping app, will continue to
Keywords: billion games niantic pokémon scopely
Find related items on AmazonPublished on: 2025-06-20 06:09:05
Niantic Labs just announced that it has found a buyer for its game division after putting out feelers back in February . The Saudi Arabia-owned company Scopely has agreed to purchase the division for $3.5 billion. Scopely was founded in Los Angeles but was purchased using money from Saudi Arabia's sovereign wealth fund, otherwise called the Saudi Public Investment Fund (PIF). The agreement includes most of Niantic’s portfolio of AR games, including Pokémon Go, Monster Hunter Now and Pikmin Bloo
Keywords: company games niantic saudi scopely
Find related items on AmazonPublished on: 2025-06-20 22:00:00
Monopoly Go maker Scopely has agreed to acquire Niantic‘s games business, which includes Pokémon Go, in a deal valued at $3.5 billion. The acquisition will bring Niantic’s entire game development teams as well as its games such as Pokémon Go, Pikmin Bloom, and Monster Hunter Now to Scopely. And Scopely is also picking up companion apps and services Campfire and Wayfarer to Scopely’s diverse video game portfolio. The companies said the move highlights Scopely’s ongoing commitment to community-dr
Keywords: games niantic players pokémon scopely
Find related items on AmazonPublished on: 2025-06-20 22:00:00
Niantic Labs has announced that it’s selling its video game division to Saudi Arabia-owned mobile developer Scopely for $3.5 billion after struggling to replicate the success of Pokémon Go across its other AR games. The newly inked agreement includes Niantic’s Pokémon Go, Monster Hunter Now, and Pikmin Bloom mobile gaming titles. “Niantic games have always been a bridge to connect people and inspire exploration, and I am confident they will continue to do both as part of Scopely,” said Niantic
Keywords: billion games niantic pokémon scopely
Find related items on AmazonPublished on: 2025-06-20 22:00:00
Mobile gaming giant Scopely on Wednesday said it has agreed to acquire Pokémon Go maker Niantic’s gaming division for $3.5 billion. Niantic said that it will add an additional $350 million cash to yield a total value of $3.85 billion to Niantic equity holders. Niantic’s games roster includes the hit Pokémon Go, which has more than 20 million weekly active players; Pikmin Bloom, a walking game introduced in 2021; Monster Hunter Now, an AR game released in 2023; Campfire, a community interaction
Keywords: game games niantic said scopely
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