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Niantic sells Pokemon Go to Saudi-owned Scopely for USD 3.5 billion, shifts focus to AI

Summary by India TV News
Niantic, the developer behind the global hit Pokémon Go, has announced the sale of its gaming business to Scopely for USD 3.5 billion (for more than 300 crores),. This strategic move allows Niantic to pivot toward geospatial AI development, while Scopely, a subsidiary of Saudi Arabia’s PIF-backed Savvy Games Group, strengthens its mobile gaming portfolio. Niantic exits gaming to focus on AI Niantic CEO John Hanke revealed that the company is res…

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unionrayo.com broke the news in on Sunday, March 16, 2025.
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