News

Savvy Games Group has made a lot of news as it has built the newest financial empire in games with acquisitions of companies.
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023. By Yan Zhuang Niantic ...
in a move that further cements Saudi Arabia’s stake in the global video game industry. Scopely said in a statement it will acquire Niantic’s games business and team, including Pokemon Go, the ...
acquired Scopely for $4.9 billion. Savvy has received $38 billion in funding to develop the video game sector in Saudi Arabia. Scopely Inc. is a video game development company for mobile devices. The ...
Savvy Games Group was founded with Saudi Arabia’s “economic diversification ... said the move to Scopely “will be a positive step” for players and for the game’s future.
Saudi Arabia's Public Investment Fund (PIF ... They will become part of Scopely Inc - which itself was bought by PIF subsidiary Savvy Games Group for $4.9bn in 2023. Scopely is one of the biggest ...
(Reuters) - Niantic Labs said it would sell its video-game division to Saudi Arabia-owned Scopely for $3.5 billion, as the U.S. augmented reality firm shifts focus to geospatial technology after ...
Today’s announcement is Saudi Arabia’s latest attempt to muscle ... which later acquired Monopoly Go! developer Scopely for $4.9 billion in 2023. The announcement appears to be the 2025 ...
US President Donald Trump is scheduled to arrive in Riyadh next Tuesday on his first official foreign trip since beginning ...