American company Niantic has sold its cult mobile hit Pokémon GO and other games Pikmin Bloom and Monster Hunter Now to Saudi Scopely for 3.5 billion$.
Scopely, which is owned by Saudi Savvy Games Group, will own the products. Former Googlers Kay Kawai and Ed Wu will lead the development of the games. Its parent company, Savvy Games Group, is owned by the Saudi Public Investment Fund (PIF) and is one of the most active in the global gaming industry.
The deal with Scopely has sparked heated debate among gamers, as the change in ownership could affect the game’s future development, monetization, and privacy policies.
Conclusion The Saudi Arabian company’s acquisition of Pokémon GO is a strategic move to expand its influence in the gaming industry. Players will still have to wait and see how this acquisition will affect their favorite games and their future development.
37 
30 
28 