The developer behind the NIANTIC, the popular promoted reality game Pokémon Go, is allegedly in discussion to sell his gaming division to Skoply Ink, a company owned by Saudi Arabia, a company owned by Saudi Arabia. Proposed deal It costs around $ 3.5 billion and will include NIANTIC’s entire gaming portfolio, including titles like Pokémon Go and Monster Hunter Now. While the conversation continues, there is no guarantee that an agreement will be finalized.
Established in 2010 as an internal startup within Google, NIANTIC gained prominence with the launch of Ingress in 2013, followed by Pokémon Go in 2016 after the huge success of Pokémon Go. Despite the early popularity of its games, Niatic has faced challenges in repeating Pokémon’s success. Go with the latter release. The company has also conducted significant restructuring, including the closure of 230 employees in 2023, with about 25% of its workforce.
The potential sales of its gaming division indicate a strategic change for NIANTIC, as the company plans to resume its original mission of developing geophysical mapping and developing reality technologies. By taking advantage of the comprehensive data collected from your AR game, the purpose of NIANTIC is to build large-scale geophagical models to carry forward spatial intelligence and AI applications. This step aligns with the company’s long -term vision to create “real -world metavors” which basically integrates digital and physical environment.
Known for its mobile game’s portfolio, Scopaly was acquired in 2023 by Saudi -owned loving Games Group for about 5 billion dollars. The acquisition was part of Saviv’s broad strategy to invest $ 37.8 billion in the global gaming industry, which aims to establish himself as an important player in the market. Prior to its acquisition by Savi, Skoply expanded through remarkable purchases, in which the acquisition of Foxnext Games from Disney in 2020 and the acquisition of GSN Games from Sony Pictures Entertainment in 2021 was at $ 1 billion. These strategic tricks have increased the position of the scopaly in the mobile gaming sector, with popular titles such as Star Trek Fleet Command, Stumble Guys and Yahtizi, with friends under its belt.
If the Nietic’s gaming division is acquired, it will greatly expand the scopaly’s offerings and will potentially bring new life to the existing titles of NIANTIC under new management. As the gaming industry continues to develop, the decision of NIANTIC to divide its gaming assets reflects a comprehensive tendency of companies to change market dynamics and focus on main competencies. The results of these dialogues may have sufficient implications for both the future of NIANTIC and the role of the company in the burial fields of the dearly and geophagical technology.
Thanks for reading..
