According to the reports, Pokémon Go Niantic developer is considering selling his video game portfolio to the subsidiary of the smart games group, Scopely.
While the agreement has not yet been confirmed and neither Niantic nor Scopely have publicly talked about the agreements, Bloomberg states that the sale can include the increased game of tentpole from Niantic, Pokémon Go.
If completed, it is believed that the agreement could be worth up to $ 3.5 billion, and formally announced in a matter of weeks.
Scopely was acquired by the multinational games investment games group of Saudi Arabia games in July 2023 for $ 4.9 billion. Last month, he appointed Nour Nour as Senior Vice President and Chief of International Commercial Development.
Saudi Arabia has been increasingly active in the games of games and electronic sports in recent years, after having invested $ 38 billion through its public investment fund. The PIF has bets in companies such as Electronic Arts, Nintendo, Nexon and Capcom. It is also organizing the inaugural Olympic ESports Games, which are now scheduled for 2027.
These investments have been controversial due to the poor human rights history of Saudi Arabia, especially in gender inequality and the criminalization of homosexuality, which is still punished with the life imprisonment or execution.
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