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Pokémon Go developer Niantic to sell gaming business to Saudi group

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Niantic Labs is selling its video game division to Saudi Arabia -owned mobile developer Scopely.

The deal includes Pokémon Go , Monster Hunter Now, and Pikmin Bloom mobile gaming titles.

The acquisition is subject to regulatory approval and other closing conditions.

Pokémon Go attracted more than 500 million players in its first year , but popularity was impacted in 2020 when global lockdowns kept people inside their homes.