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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.

Yan Zhuang
Author: Yan Zhuang

Written by

Yan Zhuang

in

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
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