The deal is specifically for Niantic’s games division and not the AR company in its entirety.
The purchase would include Niantic’s current games as well, including the highly popular Pokemon Go.
Both companies declined to comment on the Bloomberg report.
This report comes after Niantic has struggled to find success for its titles outside of Pokemon Go.
Saudi Arabia has been investing heavily in games in recent years.
Got a news tip or want to contact us directly?
