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Image: Niantic
Niantic, the developer behind Pokémon Go, has sold its gaming division to Scopely, a mobile game company owned by Saudi Arabia's Public Investment Fund, for US$3.5 billion. The acquisition includes popular titles like Pokémon Go, Pikmin Bloom, and Monster Hunter Now. This move signals a significant shift for Niantic, which will now concentrate on its geospatial technology and artificial intelligence mapping initiatives under the newly formed Niantic Spatial.