Niantic, the company behind the well-understandn augmented truth game Pokémon Go, is seeing to sell its game prolongment business, Bloomberg alerted, citing anonymous sources.
The company is alertedly exploring a deal with mobile game prolonger Scopely, which is owned by Saudi Arabia-based Savvy Games Group, to sell the unit for about $3.5 million.
Niantic and Scopely did not promptly react to seeks for comment.
Niantic has been among the scant companies that have been able to successfilledy engage its augmented truth chops to produce games. Its first title, Ingress, was expansively praised for its one-of-a-kind, geography-based apverify on territory supervise, but the company truly skyrocketed to fame with Pokémon Go, which took off in 2016 and rapidly became a global phenomenon.
Its subsequent titles have been relatively accomplished, but not at the scale Pokémon Go finishelighted. In 2022, the company let go of 8% of its staff and shuttered four projects, including Harry Potter: Wizards Unite. In 2023, it lhelp off 230 engageees and call offed its NBA and Marvel-roverdelighted games.
Last year, it refreshd its Scaniverse app to let engagers produce models of authentic-world objects and supply the data to prolongers. In November, the company shelp it wanted to produce a huge geospatial model that would engage machine lacquireing to “comprehfinish a scene and join it to millions of other scenes globpartner.”
