Whoa! Colossal news just dropped in the gaming world! Bloomberg reports that Niantic, the brains behind our beloved Pokémon GO, might be selling its video game business to Saudi-owned Scopely Inc. The potential price tag? A jaw-dropping $3.5 billion. This could shake things up big time for all us trainers out there!
According to a detailed article shared by Yahoo News and originally from Bloomberg, the word on the street is that this deal is nearing finalization and could be announced in the coming weeks. If it goes through, we might see a shift with Pokémon GO and other mobile titles under Niantic’s umbrella. Exciting or nerve-wracking? A bit of both!
There is no official comment yet from either side; both Niantic and Scopely reps are keeping their lips sealed tight for now. But what do we know about Scopely? They’re no strangers to mobile gaming success stories like Monopoly GO and Marvel Strike Force. Their mission statement—’Inspire, Play, Every Day’—really vibes with their global presence across offices in both the U.S. and Europe.
A little deeper dive into Scopely shows it’s owned by Savvy Games Group, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF). With assets estimated at a colossal US$930 billion, PIF isn’t playing small ball here! It’s also invested in major players like Uber and Tesla.
You might remember that in August 2024, Niantic inked a deal with Savvy Games Group to expand into markets such as Saudi Arabia, the UAE, and Egypt.
This move fits right into Savvy’s grand vision of boosting esports and gaming industries worldwide as part of its broader economic diversification strategy through video games. The real question burning bright now is: What does this mean for us, the dedicated community behind Pokémon GO? Will our favorite game change drastically if this sale gets green-lit? And what about those talented folks at Niantic who pour their hearts into creating these magical experiences?
No matter where things head from here, though, rest assured, we at ConsolePCGaming.com won’t miss any beat when it comes down to covering everything related to Pokémon GO alongside supporting you awesome peeps out there who make up such vibrant communities around these games!
