Tuesday, 18 February 2025 13:47

Rumor: Pokemon Go Developer Close to a Saudi Arabian Acquisition

Written by Priye Rai
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The team behind Pokemon Go may soon become a part of a Saudi Arabia-owned company, with talks of a multi-billion dollar deal reportedly in progress.

Niantic is reportedly looking to sell its video game division, known for developing Pokemon GO, to Scopely, a US-based entertainment company owned by the Saudi Arabian state-controlled Savvy Games Group, in a deal worth more than $3 billion. Saudi Arabia's rumored interest in owning Pokemon GO follows a period of notable activity during which the Middle Eastern country has increased its stake in the mainstream gaming industry.

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