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Niantic, the developer behind the global phenomenon Pokémon Go, is reportedly exploring the sale of its gaming division to Savvy Games Group, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF). This potential deal could significantly reshape the mobile gaming industry and raise questions about the future of Niantic’s popular AR games.
The Potential Deal
According to reports from sources of Bloomberg, Niantic is in advanced discussions with Savvy Games Group to sell its gaming business for approximately $3.5 billion. The deal would likely include Pokémon Go, Monster Hunter Now, and other titles developed by Niantic. While the terms of the deal remain confidential, sources suggest that an agreement could be reached in the coming weeks.
For Niantic, the sale would allow the company to focus on other ventures, including the development of AR technology for various applications beyond gaming. Niantic has been exploring areas such as geospatial data projects and the creation of a real-world AR metaverse. The sale would provide the company with the resources to pursue these initiatives more aggressively.
Impact on Pokémon Go and Other AR Games
The potential acquisition raises questions about the future of Pokémon Go and other Niantic games. Players are curious about Savvy Games Group’s plans for the acquired titles and whether they will continue to support and develop them. While Pokémon Go remains a major hit for Niantic, its subsequent games have not achieved the same level of success. The acquisition could provide Savvy Games Group with a platform for future growth in the AR gaming space.
The gaming community is closely watching the developments. Many fans of Pokémon Go and other Niantic games are concerned about potential changes under Savvy Games Group, especially regarding monetization and game updates. The community has expressed mixed feelings about the potential sale, with some hoping for continued support and others worried about the impact of the new ownership.
The potential sale of Niantic’s gaming division to Savvy Games Group could mark a new chapter in the company’s story. While the deal is not yet finalized, the fact that discussions are reportedly taking place indicates a potential shift in the gaming industry and the strategies of both companies. The future of Pokémon Go and other AR games remains uncertain, but the acquisition could provide opportunities for growth and innovation in the AR gaming space.
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