Pokémon Go developer Niantic to sell gaming business to Saudi group | The Verge

$3.5 billion for Pokémon Go is impressive. It will be curious to see how this works and also interesting to see what Niantic does with the cash. Niantic was probably the only company at the time that could make Pokémon Go, as they had learned what they needed from their earlier game, Ingress. It is also worth noting that neither of these companies own any of the intellectual property for Pokémon itself. On the flip side, all that location and profile data that has been built up over the last decade now changes hands. And Scopely seems to have more history with in-app purchases and this may be the beginning of the enshittification of Pokémon Go into a toll booth to drive more revenue at the expense of the game experience.