homepagestorieschathelpareas
contact uspreviousmissionnews

Niantic Explores Potential Sale of Video Game Division for $3.5 Billion

February 20, 2025 - 07:47

Niantic Explores Potential Sale of Video Game Division for $3.5 Billion

Pokémon Go developer Niantic is reportedly considering selling its video game portfolio to Savvy Games Group subsidiary Scopely in a deal valued at approximately $3.5 billion. This move comes as Niantic navigates a challenging landscape in the gaming industry, where competition has intensified and user engagement has fluctuated.

Niantic, renowned for its innovative augmented reality experiences, has faced difficulties in maintaining the momentum of its flagship title, Pokémon Go, which became a global phenomenon upon its launch. The potential sale indicates a strategic shift for the company as it seeks to refocus its resources and explore new opportunities in the evolving gaming market.

Scopely, known for its mobile gaming successes, could leverage Niantic's technology and intellectual property to enhance its portfolio. If the deal materializes, it could reshape the future of both companies and lead to exciting developments in the realm of augmented reality gaming. The industry will be watching closely as negotiations unfold.


MORE NEWS

Exploring the Spectrum of Terminator Video Games

December 5, 2025 - 00:00

Exploring the Spectrum of Terminator Video Games

The Terminator franchise has inspired a wide array of video games over the years, resulting in a mix of successes and failures that reflect the series` enduring popularity. From action-packed...

Netflix Divests Spry Fox, Returning Studio to Original Founders

December 4, 2025 - 08:09

Netflix Divests Spry Fox, Returning Studio to Original Founders

In a significant move, Netflix has decided to sell Spry Fox, the studio responsible for the beloved games `Cozy Grove` and the highly anticipated title `Spirit Crossing,` back to its original...

New Council Established to Tackle Practices in the UK Games Industry

December 3, 2025 - 20:57

New Council Established to Tackle Practices in the UK Games Industry

A new initiative has emerged in the UK games industry aimed at addressing both commendable and questionable practices within the sector. The newly formed council expresses its commitment to...

Exploring the Artistic Potential of Video Games: Alice Bucknell's Innovative Creation

December 3, 2025 - 02:10

Exploring the Artistic Potential of Video Games: Alice Bucknell's Innovative Creation

Imagine a video game where the Earth itself gets to play. The artist Alice Bucknell has crafted such a game, showcasing the untapped potential of video games as an artistic medium. In her latest...

read all news
homepagestorieschathelpareas

Copyright © 2025 WarpZen.com

Founded by: Tina Fisher

contact uspreviousmissionnewstop picks
privacyterms of usecookies