Pokémon Go Maker Sells Games To Saudi-Owned Company For $3.5bn
Niantic Labs said it would sell its video game division to Saudi Arabia-owned Scopely for $3.5bn, as the US augmented reality firm shifts focus to geospatial technology after failing to recreate the success of its 2016 smash hit Pokémon Go, The Guardian reported. The deal, announced on Wednesday, also advances Saudi Arabia’s ambitions to become the “ultimate global hub” for