
Todd Smith
shared a link post in group #Game addicts 🤪🎮
Niantic sells its mobile gaming business! Niantic, the company behind Pokémon Go and other AR best-sellers, is selling its gaming assets to Scopely for $3.5 billion. Scopely, famous for its Monopoly Go super-hit, is in turned owned by Savvy, which is part of the Saudi sovereign wealth fund. The price tag underscores how lucrative mobile gaming remains — and it’s a nice multi-billion dollar deal for Q1’s eventual aggregate numbers.
polygon.com/pokemon-go/53..

www.polygon.com
Pokémon Go (and other Niantic games) just sold for $3.5B
Pikmin Bloom and Monster Hunter Now also included. Bargain!
