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26 Saudi Investment Fund Pays $3.5 Billion To Capture Pokemon Go

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BeauHD @ Slashdot 2 place · 03/12/2025 20:25 EDT

Saudi Investment Fund Pays $3.5 Billion To Capture Pokemon Go

Saudi Arabia's Public Investment Fund (PIF) is acquiring Nianticâ(TM)s gaming division for $3.5 billion through its subsidiary Savvy Games Group. Niantic's titles include the hit mobile game Pokemon Go, Monster Hunter Now and Pikmin Bloom. "Despite launching almost a decade ago, Pokemon Go is still amongst the highest-grossing mobile games in the world, with 30 million monthly players," notes the BBC. From the report: Scopely is one of the biggest names in mobile gaming, with its most successful title, Mono

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