{"id":44252,"date":"2025-02-27T12:42:03","date_gmt":"2025-02-27T09:42:03","guid":{"rendered":"https:\/\/thesauditimes.net\/en\/?p=44252"},"modified":"2025-03-22T09:23:41","modified_gmt":"2025-03-22T06:23:41","slug":"saudi-firm-in-talks-to-acquire-pokemon-go-developer","status":"publish","type":"post","link":"https:\/\/thesauditimes.net\/en\/saudi-firm-in-talks-to-acquire-pokemon-go-developer\/","title":{"rendered":"Saudi Firm in Talks to Acquire Pok\u00e9mon GO Developer"},"content":{"rendered":"<p>Saudi Arabia\u2019s Scopely, a video game development and publishing company owned by the Public Investment Fund (PIF), is in talks to acquire the gaming division of Niantic, the developer behind Pok\u00e9mon GO.<\/p>\n<p>According to media reports, the deal to purchase Niantic\u2019s gaming unit, which specializes in augmented reality (AR) mobile games, could be valued at $3.5 billion.<\/p>\n<p>Sources indicate that Scopely, a subsidiary of Savvy Games Group, which is owned by Saudi Arabia\u2019s PIF, will acquire Pok\u00e9mon GO and other mobile games as part of the transaction. The deal could be announced in the coming weeks.<\/p>\n<p>Niantic, which spun off from Alphabet as an independent company in 2015, has been developing AR and mixed reality technologies. Its Lightship platform enables developers to create their own AR applications and experiences.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_44253\" aria-describedby=\"caption-attachment-44253\" style=\"width: 830px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"44253\" data-permalink=\"https:\/\/thesauditimes.net\/en\/saudi-firm-in-talks-to-acquire-pokemon-go-developer\/saudi-firm-in-talks-to-acquire-pokemon-go-developer-1\/\" data-orig-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/02\/Saudi-Firm-in-Talks-to-Acquire-Pokemon-GO-Developer-1.jpeg\" data-orig-size=\"830,467\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Saudi Firm in Talks to Acquire Pok\u00e9mon GO Developer 1\" data-image-description=\"&lt;p&gt;Saudi Firm in Talks to Acquire Pok\u00e9mon GO Developer&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Saudi Firm in Talks to Acquire Pok\u00e9mon GO Developer&lt;\/p&gt;\n\" data-large-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/02\/Saudi-Firm-in-Talks-to-Acquire-Pokemon-GO-Developer-1.jpeg\" class=\"size-full wp-image-44253\" src=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/02\/Saudi-Firm-in-Talks-to-Acquire-Pokemon-GO-Developer-1.jpeg\" alt=\"Saudi Firm in Talks to Acquire Pok\u00e9mon GO Developer\" width=\"830\" height=\"467\" srcset=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/02\/Saudi-Firm-in-Talks-to-Acquire-Pokemon-GO-Developer-1.jpeg 830w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/02\/Saudi-Firm-in-Talks-to-Acquire-Pokemon-GO-Developer-1-300x169.jpeg 300w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/02\/Saudi-Firm-in-Talks-to-Acquire-Pokemon-GO-Developer-1-768x432.jpeg 768w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/02\/Saudi-Firm-in-Talks-to-Acquire-Pokemon-GO-Developer-1-600x338.jpeg 600w\" sizes=\"(max-width: 830px) 100vw, 830px\" \/><figcaption id=\"caption-attachment-44253\" class=\"wp-caption-text\">Saudi Firm in Talks to Acquire Pok\u00e9mon GO Developer<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>In August, Savvy Games signed an agreement with Niantic to help expand its presence in the Middle East and North Africa (MENA) region, establishing regional operations in Saudi Arabia, the UAE, and Egypt.<\/p>\n<p>Pok\u00e9mon GO became a global phenomenon upon its launch in 2016. Using GPS technology, the game allows players to capture, train, and battle virtual Pok\u00e9mon that appear in real-world locations based on their geographic position.<\/p>\n<p>Savvy Games acquired Scopely, a mobile gaming company, for approximately $5 billion in 2023.<\/p>\n<p>Scopely&#8217;s game portfolio includes popular franchise-based games such as The Walking Dead, Wheel of Fortune, WWE Wrestling, and Star Trek, as well as board game adaptations like Yahtzee, Scrabble, and Monopoly.<\/p>\n<p>In 2024, Scopely ranked as the second-largest mobile game publisher globally in terms of revenue, generating $2 billion last year, second only to Shenzhen Tencent Tianyou Technology, which led the industry with $6.2 billion.<\/p>\n<p>Founded in 2011, Scopely recently surpassed a milestone of $10 billion in lifetime revenue.<\/p>\n<p>PIF&#8217;s investments in Savvy Games and Scopely align with Saudi Arabia\u2019s vision to diversify its economy and develop the country\u2019s gaming industry.<\/p>\n<p>Savvy Games aims to create over 600 jobs in the gaming sector in the coming years.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>See More: <a class=\"row-title\" href=\"https:\/\/thesauditimes.net\/en\/wp-admin\/post.php?post=44141&amp;action=edit\" aria-label=\"\u201cJapanese Gaming Expert Sees Great Potential in Saudi Market\u201d (Edit)\">Japanese Gaming Expert Sees Great Potential in Saudi Market<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia\u2019s Scopely, a video game development and publishing company owned by the Public Investment Fund (PIF), is in talks to acquire the gaming division of Niantic, the developer behind Pok\u00e9mon GO. According to media reports, the deal to purchase Niantic\u2019s gaming unit, which specializes in augmented reality (AR) mobile games, could be valued at $3.5 billion. Sources indicate that Scopely, a subsidiary of Savvy Games Group, which is owned by Saudi Arabia\u2019s PIF, will acquire Pok\u00e9mon GO and other mobile games as part of the transaction. The deal could be announced in the coming weeks. Niantic, which spun off<\/p>\n","protected":false},"author":1,"featured_media":44254,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"Acquire Niantic","_yoast_wpseo_metadesc":"A Saudi company is in discussions to acquire Niantic, the developer behind Pok\u00e9mon GO, signaling a major move in the gaming industry.","om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12849],"tags":[],"class_list":["post-44252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-games"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - 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