Pokemon Go Owner Niantic Sells Gaming Business to Saudi Group for $3.5 Billion
Saudi sovereign wealth fund-backed Scopely has agreed to buy Niantic’s gaming business, including the mobile hit Pokemon Go, for $3.5 billion (roughly Rs. 30465 crore) Scopely, which is owned by a unit of the Public Investment Fund of Saudi Arabia, will also acquire Pikmin Bloom and Monster Hunter Now from Niantic, along with the teams working on them, the Saudi company … Read more