In case you haven’t been following Niantic carefully for the previous couple of years, this story will in all probability come as a giant shock to you: Niantic is apparently contemplating promoting off its games division, which most notably proper now contains Pokemon Go.
The information comes through reporting Bloomberg, which claims Niantic is presently in talks with Scopely, a US-based studio that is a part of Saudi Arabia’s Savvy Games Group. Unnamed sources recommend the acquisition value might be as excessive as $3.5B US. “Any settlement would contain the Pokémon title in addition to different cellular games,” the sources stated. No settlement has been assured or finalized, and in fact, Niantic isn’t commenting both.
Longtime MOP readers will know that MOP’s Andrew has coated Pokemon Go and Niantic in exhaustive element since POGO’s launch in 2016. Whereas POGO was initially a worldwide phenomenon and continues to rake in money, it has visibly struggled in current years with buggy content material, mismanaged occasions, safety lapses, and baffling comms, main us to suspect POGO is merely the enjoyable and fairly face on Niantic’s data-harvesting and AI aspirations. In different phrases, the sale isn’t as out of the blue because it sounds.
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