And if Pokémon Go were to belong to Saudi Arabia? This is the very likely scenario that could arrive in the coming months (and even the next few weeks). Since yes, according to first information from Bloomberg, Niantic would have Started negotiations with the Sovereign Fund of Saudi Arabia, through Savvy Games Groom Games et de la firme scopely. The idea would thus be to sell the gaming section of Niantic for the Coquette sum of $ 3.5 billion.
The Niantic Games, soon in Saudi Arabia?
As we know, Saudi Arabia wants to become an important player in the video game industry and could well invest massively in the coming years (and months). Recently, Saudi Arabia has already invested in Ubisoft capital to finance a DLC of Assassin’s Creed Mirage.
Today, Bloomberg reports that Niantic and the Sovereign Fund of Saudi Arabia would be in negotiation to Buy the gaming subsidiary of Niantic For $ 3.5 billion. In this subsidiary, there are very important mobile games like Pokémon Goa game Pikmin or Monster Hunter. According to Bloomberg, the transaction could be carried out in the coming weeks.
Although a transaction could be validated in the coming weeks, Bloomberg says that Nothing has yet been played and that negotiations are not yet finished. Indeed, Pokémon Go No matter how the most downloaded mobile game in history, the other productions in the studio have not been the same success and a game Harry Potter, Wizards Unite has closed.
For its part, Saudi Arabia and its crown prince, Mohammed bin Salmane, are not the type to go headlong. For several years, they have had significant part in many structures such as Electronic Arts, Take Two Interactive or Activision and Kiss Group. It is certain that if this acquisition must be done, She would be carefully thought out. Until now, Niantic and Saudi Arabia were already in partnership, in particular with an agreement with the Savvy subsidiary which helped the publisher develop in Saudi Arabia, in the United Arab Emirates and Egypt.
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