Pokémon Go Maker is selling its gaming business to Niantic Saudi Group for $ 3.5 billion
Pokémon Go Maker Ninetic has announced that it is selling its gaming business to a Saudi group for the Saudi group for $ 3.5 billion to a Saudi group. However, it is confirmed that its team of developers will remain intact so that the user continues to watch new features on the app.
Listen to the story

The company behind Global Fenomanon Pokémon Go has announced the sale of its gaming division for $ 3.5 billion to mobile gaming veteran Scopaly. The deal, which includes popular titles such as Pokémon Go, Pickmin Bloom and Monster Hunter Now, is part of a comprehensive reorganization, which will focus Niantic on its geophysical AI business.
NIANTIC CEO John Henkey said the step aligns with the long -term vision of the company’s creation of “Forever Games”. “Skopli’s focus on the construction and operation of incredible live services, its extraordinary experience with the world’s largest and most beloved intellectual property, and take care of your player communities and game -making teams.” Transactions also include an additional $ 350 million cash distribution from NIANTIC, causing the total value of NIANTIC Equity holders around $ 3.85 billion.
This acquisition will allow a gaming a subsidiary of Scopely, Saudi Arabia’s Public Investment Fund (PIF) -Bacted Saw Games Group, to expand its portfolio with some of the world’s most popular promotional reality (AR) game. Scopaly has developed and operated successful mobile titles such as Marvel Strike Force and Star Track Fleet Command.
NIANTIC assured the players that their favorite game would continue to get support and updates under the ownership of Scopaly. The company said, “Our game team has long -lasting roadmaps that they will continue to construct as part of the scopaly. Players can expect that games, apps, services and events they know and love will continue the ongoing investment.”
Pokémon Go chief Ed Wu also expressed confidence in the transition, saying that Scopaly’s commitment to the game would ensure its longevity. Wu wrote in a message to the players, “Scopaly expressed a deep praise for this community and our team. I am confident that Pokémon Go will flourish not only in his second decade, but for many years to come, as part of Skopli.” He assured that the entire Pokémon Go team will remain intact and will continue to develop new facilities and live events.
Niatic has originally emerged from Google to emerge from Google in 2015 that increases real -world interactions (think about walking on the streets to catch Pokémon). However, NIANTIC’s ambitions are now beyond gaming. As part of this infection, it is turning its geophysic AI business into a new unit, NIANTIC spatial ink, leading by hunk and supporting $ 250 million in capital.
The purpose of niatic spatial is to carry forward spatial computing, extended reality and AI-operated applications for enterprises and consumer use. “Our goal is to lead the future of geophysical AI by creating spatial intelligence that helps people to understand, navigate and attach to the physical world,” Hunk explained. The new company will avail its ownership digital map and real-world AR technology to create applications in industries like logistics, construction and tourism.