Niantic sold its mobile games division, including Pokémon Go, to Scopely, a Saudi Arabian company. Niantic is also spinning off Niantic Spatial, focusing on its technology and augmented reality. This strategic move positions Niantic for future growth in the AR market.
Niantic sold its mobile games division to Scopely.
Niantic is spinning off Niantic Spatial, focusing on AR technology.
The combined entity will have over half a billion players.
The deal is expected to close before the end of the year.