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| _modificationDate | Datetime | 2025-02-20 2:47:13 PM |
| _pageID | Integer | 8,384 |
| _pageName | Page | Scopely to Acquire Niantic's Portfolio |
| _pageTitle | String | News/Scopely to Acquire Niantic's Portfolio
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"News" values
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| date | Datetime | | 2025-02-20 2:14:51 PM |
| author | Page | | Dante Uzel |
| category | List of String, delimiter: , | [Show] Transfer Market · Drama · Business · Companies · Hires · Investments · Mergers and Acquisitions · Sponsorships · More | Business |
| game | List of String, delimiter: , | [Show] Age of Empires · Apex Legends · Brawl Stars · Call of Duty · Counter Strike · Dota 2 · FIFA · Fortnite · Hearthstone · League of Legends · Mobile Legends · NBA 2K · Overwatch · PUBG · PUBG Mobile · Rainbow Six · Rocket League · Smash · Starcraft II · Valorant · Warcraft III · World of Warcraft · Wild Rift | |
| content | Text | | Niantic, the developer behind Pokémon Go, is reportedly considering selling its video game portfolio to Scopely, a subsidiary of Savvy Games Group. While the deal has not been confirmed and neither Niantic nor Scopely have publicly commented, Bloomberg suggests the sale could include Niantic's flagship augmented reality game, Pokémon Go.
If finalized, the deal could be valued at up to $3.5 billion, with a potential announcement expected in the coming weeks.
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Scopely was acquired by Savvy Games Group, a Saudi Arabian multinational gaming investment firm, in July 2023 for $4.9 billion. Last month, the company appointed Nika Nour as Senior Vice President and Head of International Business Development.
Saudi Arabia has increasingly invested in the gaming and esports industries, with its Public Investment Fund (PIF) committing $38 billion to the sector. The PIF holds stakes in major companies such as Electronic Arts, Nintendo, Nexon, and Capcom. Additionally, Saudi Arabia will host the first-ever Olympic Esports Games, scheduled for 2027. |
1 row is stored for this page
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| source | Page | Games Industry |
| url | String | https://www.gamesindustry.biz/niantic-reportedly-in-talks-to-sell-video-game-business-in-35bn-deal-with-scopely |
