‘Pokémon Go’ Maker Nears $3.5 Billion Deal to Sell Games Unit
‘Pokémon Go’ Maker Nears $3.5 Billion Deal to Sell Games Unit
finance.yahoo.com ‘Pokémon Go’ Maker Nears $3.5 Billion Deal to Sell Games Unit
(Bloomberg) -- Niantic Inc., the company behind the 2016 hit Pokémon Go, is in talks to sell its video-game business to Saudi Arabia-owned Scopely Inc., according to several people familiar with the discussions.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump ...
(Bloomberg) -- Niantic Inc., the company behind the 2016 hit Pokémon Go, is in talks to sell its video-game business to Saudi Arabia-owned Scopely Inc., according to several people familiar with the discussions.
Representatives of Niantic and Scopely declined to comment. Scopely is owned by Savvy Games Group, a subsidiary of Saudi Arabia’s Public Investment Fund.