Saudi Arabia buys Niantic Games

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Pokémon Go developers pass through Scoply.

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Reports on the acquisition of the company’s game unit were confirmed Niantic mobile publisher VolumeThe field since 2023 it belongs to the State Saudi Company Sort out the game GroupThe store store went to speculation 3.5 billion dollarsAnother 350 million field pay shareholders.

Saudi Arabia receives a new team standing behind games as Picmine BloomIN Monster Hunter nowAnd, above all, popular Pokemon goThe field “Combined portfolio will create one of the largest global gaming communities, which consisted of more than half of the billions of players in 2024,” says Scoply. Niantic Games brings 30 million active users per month.

“Few games in the world have the same range and life as Pokémon Go, which only last year reached the limit of 100 million players. This game also surpasses its unique ability to maintain personal contacts – millions of visitors attract the living Pokemon GO. After some time spent in the Niantic team, it soon became clear that he shared our interest in creating maximum results and exceptional experience for players, ”says CPopeply CFO Tim O’BrienField

This is supplemented by John Hanke, the head of Niantic: “I firmly believe that this partnership makes great advantages for our players and is the best way to ensure that our games have long -term support and investments necessary to achieve“ eternal existence ”that will be preserved for future generations.”

Saudi Arabia additionally expands its work in the game market. In addition to the full possession of Scoply or SNK, he owns shares in Nintendo, Capcom, Take-Two, Embracer and Electronic Arts.

Regular news review

Source :Indian TV

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