Pokémon Go Creator Niantic Rumored to Sell Video Games Unit for $3.5 Billion

OSTN Staff

Pokémon Go Niantic

Pokémon Go creator Niantic is reportedly in talks to sell its video games division to Scopely for $3.5 billion. The rumor comes from Bloomberg, which cites ‘several people familiar with the discussions’. According to the report, a deal could be announced in the coming weeks, but there’s still no guarantee it will be finalized. The San Francisco-based developer started in 2010 as Niantic Labs, an internal startup within Google. However, it went independent in 2015 following Google’s restructuring into Alphabet, Inc. Niantic made its business in the augmented reality game segment for mobile devices. After their debut title, Ingress, they […]

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