Saudi Arabia’s PIF Acquires Pokémon Go Developer Niantic’s Gaming Division for $3.5 Billion
Saudi Arabia’s Public Investment Fund (PIF) is making another major move in the gaming industry, purchasing the gaming division of Niantic for $3.5 billion (£2.7 billion). The deal includes the hit augmented reality (AR) mobile game Pokémon Go and other Niantic titles such as Monster Hunter Now and Pikmin Bloom. Despite launching nearly a decade ago, … Continue reading Saudi Arabia’s PIF Acquires Pokémon Go Developer Niantic’s Gaming Division for $3.5 Billion
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