Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023. Pokemon Go (Video Game), Niantic Inc, Saudi Arabia, Public Investment Fund (Saudi Arabia), Computer and Video Games, Sovereign Wealth Funds, Mergers, Acquisitions and Divestitures, United States, Augmented Reality (Computers), Pokemon (Fictional Characters) Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023. NYT > Business
Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
