'Pokemon Go' Maker Niantic to Sell Game Division to Saudi-Owned Scopely for $3.5 Billion

March 12 (Reuters) – Niantic Labs said it would sell its video-game division to Saudi Arabia-owned Scopely for $3.5 billion, as the U.S. augmented reality firm shifts focus to geospatial technology after failing to recreate the success of its 2016 smash hit “Pokemon Go.”