Pokémon Go maker Niantic is reportedly selling its games division

Popular Augmented Reality Game Pokémon Go, the company Nantric wants to sell its game development business, Blomberg Report, quotes anonymous sources.

The company is reported to be exploring an agreement with the mobile game developers owned by the Saudi Arabian-based Savi-based Savi Games Group, for selling the unit for about $ 3.5 million.

Nantric and Scopley did not immediately respond to the requests for the comment.

Nantric is among some of the companies that have been able to successfully use its extended reality chops to create games. Its first title, Ingress, was widely acclaimed for its unique, geography-based region control, but the company really gained fame with Pokémon Go, which began in 2016 and quickly became a global event.

Its next titles have been relatively successful, but not the scale that Pokémon Go has enjoyed. In 2022, the company lets go 8% of its staff and four projects have been shut downWith Harry Potter: Wizards UnitThe In 2023, it gives 230 employees and off Its NBA and Marvel-related games have canceledThe

Last year, it updated it Scanner Applications to create users’ real-world object models and provide developers data. In November, the company Said it wanted to create a large geopacial model It will use machine learning to understand a scene and connect to several million other scenes worldwide. “