Saudi-Owned Firm Set to Acquire ‘Pokémon Go’ Maker Niantic for $3.5 Billion
Niantic Inc., the creator of the globally renowned augmented reality game Pokémon Go, is reportedly in advanced talks to sell its video game business to Scopely Inc., a mobile game developer owned by Saudi Arabia’s Public Investment Fund (PIF). Industry insiders suggest the deal could be worth around $3.5 billion and is expected to be…