Saudi fund in discussions to acquire Pokémon Go developer Niantic.

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4 days ago

Gaming Giant Eyes Augmented Reality Pioneer

A significant development may be on the horizon in the mobile gaming world. Reports indicate that Scopely, a prominent video game developer and publisher, is in discussions to acquire the gaming division of a company renowned for its augmented reality (AR) mobile games, including the global sensation Pokémon Go.

A Multi-Billion Dollar Deal?

The potential acquisition could be valued at approximately $3.5 billion, according to sources familiar with the matter. This move would significantly expand Scopely’s portfolio and solidify its position in the rapidly growing AR gaming market.

Strategic Expansion

If the deal materializes, Scopely would gain control of the popular Pokémon title, along with other mobile games developed by the target company. This acquisition aligns with Scopely’s strategy of incorporating established franchises into its gaming offerings, which already includes titles based on The Walking Dead, Wheel of Fortune, WWE, Star Trek, and classic board games like Yahtzee, Scrabble, and Monopoly.

Augmented Reality: A Game Changer

The company in question is a leader in augmented reality and mixed reality technologies. Its Lightship platform empowers developers to create innovative AR applications and experiences, pushing the boundaries of interactive entertainment.

The Pokémon Go Phenomenon

Launched in 2016, Pokémon Go revolutionized mobile gaming by blending the virtual world with the real world. Utilizing GPS technology, the game allows players to capture, train, and battle virtual Pokémon that appear in their physical surroundings, creating a unique and engaging experience.

Industry Growth and Investment

Scopely has experienced substantial growth in recent years, achieving significant revenue milestones and ranking among the top game publishers globally. This potential acquisition underscores the ongoing investment and expansion within the gaming industry, particularly in the augmented reality sector.