Posted inAugmented Reality (Computers) Computer and Video Games Mergers, Acquisitions and Divestitures Niantic Inc Pokemon (Fictional Characters) Pokemon Go (Video Game) Public Investment Fund (Saudi Arabia) Saudi Arabia Sovereign Wealth Funds United States
Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.