Pokemon Go maker sells off games division to Saudi company for $3.5B
Niantic Labs is selling its video-game division to Saudi Arabia-owned Scopely for $3.5 billion US, as the American augmented reality firm shifts focus to geospatial technology after failing to recreate the success of its 2016 smash hit Pokemon Go.
Pokémon Go is being bought by Scopely, the Saudi fund-owned company behind Monopoly Go and Marvel Strike Force.
Niantic revealed that it has agreed to sell its video game business for $3.5 billion, which includes Pokemon Go and Pikmin ...
Pokemon Go's team leader says the entire team is moving with the game and that it will continue to evolve at Scopely.
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