Niantic might be looking to escape the gaming business after over a decade in the game. The reported buyer has been linked to the studio for some time and is willing to shell out $3.5 billion.
A Bloomberg report (via Insider Gaming) claims that the American game dev is inking a deal with Scopely, a subsidiary of Savvy Games Group, which is in and of itself is owned by Saudi Arabia’s Public Investment Fund.
Neither party has commented at this time, but apparently the talks are closing in, so we could easily see some sort of announcement here in the coming months if not weeks. Even so, there’s also the possibility it could fall through.
Scopely and Niantic had previously joined forces to bring Pokemon Go to Saudi Arabia, so an existing relationship is there.
