Pokémon Go Maker sells game division with Saudi company for $ 3.5 million star-news.press/wp

Niantical laboratories sell Saudi Arabia with Saudi Arabia for $ 3.5 million. Accessibility of American reality focuses to geospatial technologies. Pokemon Go.

The presentation announced Wednesday, the ambition of Saudi Arabia also intends to become the “last global center” in the game.

The sovereign wealth of the kingdom of the kingdom, wise game, bought $ 4.9 billion in 2023 in 2023.

Nictantec, Once a San Francisco-based software development company was part of Google, but it became independent in 2015.

The company said he would divide the extra $ 350 million to deal with his property holders.

The geospatial business of artificial intelligence will turn to a new nantic spatial company. John Hanke’s nantic creator and CEO, he was in charge of Google Maps, Google Earth and Google Street View.

Geospatial AI, or Geoai, combines traditional geospacial examination and mapping with air to obtain a faster and deeper data analysis.

Niantic spatial will be funded with $ 250 million money – $ 200 million from Niantic’s balance sheet and $ 50 million. Nianic’s original investors will also continue to be the shareholders of nestric spatial.

The movement follows several hard years for Nantic.

After Pokemon Go He became one of the most successful mobile games, repeating his success and had to establish employees in 2022 and 2023. Also his Harry Potter: The wizards join Mobile in 2022.

Saudi Arabia, already, deals with playing and home dealing with the ESPORTS World Cup, plans to invest almost $ 38 million in initiatives related to industry.

Savvy games is an important investor in global video game companies, including Nintendo, after a small reduction in last year’s interest, has a stake of about 7.54%.