Scopely, the Saudi-owned developer behind hit mobile game Monopoly Go!, has agreed a $3.5bn deal to acquire Pokémon Go and a handful of other apps from creator Niantic, which is pivoting to focus on artificial intelligence.
Pokémon Go became an overnight sensation when it launched in 2016, emerging as one of the most popular and lucrative mobile games while also pioneering a new kind of “augmented reality” app that places digital characters over images of the real world when viewed through a smartphone’s camera window.
It remains one of the highest-grossing mobile games today, with 30mn monthly players spending more than $1bn last year across Niantic’s games business.
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