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Popular Gaming App Pokemon Go Parent Niantic in Talks to Sell Video Game Business for $3.5 Billion to Saudi Arabia Scopely Which was Acquired for $4.9 Billion in 2023 by Saudi Arabia $930 Billion Sovereign Wealth Fund Public Investment Fund Subsidiary Savvy Games Group, Niantic is Spin-Off from Google Alphabet in 2015
19th February 2025 | Hong Kong
Popular gaming app Pokemon Go parent Niantic is in talks to sell the video game business for around $3.5 billion to Saudi Arabia Scopely, which was acquired for $4.9 billion in 2023 by Saudi Arabia sovereign wealth fund Public Investment Fund ($930 billion AUM) subsidiary Savvy Games Group. Niantic is a spin-off from Google Alphabet in 2015. Niantic – Niantic inspires people to explore the world, together. Our mission is to use emerging augmented reality (AR) technology to enrich our experiences as human beings in the physical world. Originally formed at Google in 2011, we are now an independent company with a strong group of investors including Nintendo, The Pokémon Company, and Alsop Louie Partners. We have offices located in San Francisco, Sunnyvale, Seattle, Lawrence, Los Angeles, Tokyo, London, Hamburg, and Zurich.
“ Popular Gaming App Pokemon Go Parent Niantic in Talks to Sell Video Game Business for $3.5 Billion to Saudi Arabia Scopely Which was Acquired for $4.9 Billion in 2023 by Saudi Arabia $930 Billion Sovereign Wealth Fund Public Investment Fund Subsidiary Savvy Games Group, Niantic is Spin-Off from Google Alphabet in 2015 “
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Popular Gaming App Pokemon Go Parent Niantic in Talks to Sell Video Game Business for $3.5 Billion to Saudi Arabia Scopely Which was Acquired for $4.9 Billion in 2023 by Saudi Arabia $930 Billion Sovereign Wealth Fund Public Investment Fund Subsidiary Savvy Games Group, Niantic is Spin-Off from Google Alphabet in 2015
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