The 4Geeks Podcast (60): Pokémon Go Acquisition: Saudi Arabia's $3.5B Gaming Move
Saudi-backed Scopely eyes $3.5 billion acquisition of Niantic, the Pokémon Go developer, raising questions about the future of the game and Saudi Arabia's gaming ambition.
In this episode, we dive into the potential acquisition of Niantic, the company behind the global phenomenon Pokémon Go, by Scopely Inc., a mobile game company owned by Saudi Arabia’s Public Investment Fund.
We'll explore the details of the potential $3.5 billion deal, including what it means for the future of Pokémon Go and other Niantic mobile games.
We will also analyze Saudi Arabia's growing involvement in the gaming industry and its broader strategy to diversify the nation’s economic portfolio.
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