Pokémon Go developer Niantic is reportedly in talks to promote its online game division to Saudi-owned Scopely for $3.5 billion.
As first reported by Bloomberg, the sale would seemingly embrace Pokémon Go, the hit augmented-reality cellular sport that sends gamers out into the true world to acquire Pokémon.
A supply speaking to Bloomberg underneath the promise of anonymity stated that whereas the deal was on no account full, if authorised, it may very well be confirmed in a matter of weeks.
Neither Niantic, Scopely, nor its proprietor Savvy Video games Group had been ready to remark publicly on the reported acquisition.
Savvy Video games Group acquired Scopely again in April 2023 in a deal value $4.9 billion that got here after the Saudi Arabia authorities stated it needed to purchase “a number one video games writer.” Scopely publishes a spread of hit cellular titles, most notably The Strolling Useless: Street to Survival, Stumble Guys, Marvel Strike Power, and Monopoly Go.
Savvy Gaming Group additionally bought two of the world’s greatest esports firms, ESL and FACEIT, for a complete of $1.5 billion in 2022.
“Savvy Video games Group is one a part of our bold technique aiming to make Saudi Arabia the final word international hub for the video games and esports sector by 2030,” Saudi Crown Prince Mohammed bin Salman bin Abdulaziz stated on the time.
“We’re harnessing the untapped potential throughout the esports and video games sector to diversify our financial system, drive innovation in the sector, and additional scale the leisure and esports competitors choices throughout the Kingdom.”
Vikki Blake. Reporter. Critic. Columnist. Marketing consultant. Guardian. Spartan. Silent Hillian. Legend. Excessive Chaos.