{"id":18073,"date":"2025-03-12T17:37:27","date_gmt":"2025-03-12T16:37:27","guid":{"rendered":"https:\/\/costops.com\/index.php\/2025\/03\/12\/pokemon-go-maker-to-sell-games-to-saudi-owned-company-for-3-5bn\/"},"modified":"2025-03-12T17:37:27","modified_gmt":"2025-03-12T16:37:27","slug":"pokemon-go-maker-to-sell-games-to-saudi-owned-company-for-3-5bn","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2025\/03\/12\/pokemon-go-maker-to-sell-games-to-saudi-owned-company-for-3-5bn\/","title":{"rendered":"Pok\u00e9mon Go maker to sell games to Saudi-owned company for $3.5bn"},"content":{"rendered":"

After failing to recreate success of augmented reality game, Niantic Labs plans to sell its video game division to Scopely<\/p>\n

Niantic Labs said it would sell its video game division to Saudi Arabia<\/a>-owned Scopely for $3.5bn, as the US augmented reality<\/a> firm shifts focus to geospatial technology after failing to recreate the success of its 2016 smash hit Pok\u00e9mon Go<\/a>.<\/p>\n

The deal, announced on Wednesday, also advances Saudi Arabia\u2019s ambitions to become<\/a> the \u201cultimate global hub\u201d for gaming. The kingdom\u2019s sovereign wealth fund, via Savvy Games, bought Scopely for $4.9bn in 2023 as part of a broader push by the country to diversify beyond fossil fuels.<\/p>\n

Continue reading…<\/a>
\nAfter failing to recreate success of augmented reality game, Niantic Labs plans to sell its video game division to Scopely
\nNiantic 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 Pok\u00e9mon Go.
\nThe deal, announced on Wednesday, also advances Saudi Arabia\u2019s ambitions to become the \u201cultimate global hub\u201d for gaming. The kingdom\u2019s sovereign wealth fund, via Savvy Games, bought Scopely for $4.9bn in 2023 as part of a broader push by the country to diversify beyond fossil fuels. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

After failing to recreate success of augmented reality game, Niantic Labs plans to sell its video game division to Scopely 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 …<\/p>\n

Pok\u00e9mon Go maker to sell games to Saudi-owned company for $3.5bn<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":18074,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/18073"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=18073"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/18073\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/18074"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=18073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=18073"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=18073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}