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Niantic Sells Game Division to Scopely for $3.5 Billion in Saudi Deal
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Niantic Sells Game Division to Scopely for $3.5 Billion in Saudi Deal

Niantic Labs, the creator of the popular augmented reality game “Pokemon Go,” has announced that it will sell its video-game division to Saudi Arabia-owned Scopely for $3.5 billion. This move comes as Niantic shifts its focus towards geospatial technology, following challenges in replicating the success of its 2016 hit game. The sale, which was revealed...