Saudi owners consider combining Electronic Arts and the owner of Pokemon Go into a giant gaming industry company
Summary
Saudi Arabia’s PIF is reportedly considering a major gaming deal that could combine Electronic Arts with Niantic, the owner of Pokémon Go. The discussion follows PIF’s earlier investments in game companies such as Scopely and Moonton through Savvy Games Group. Bloomberg reports that Electronic Arts and Savvy Games Group have discussed the idea, but no final agreement exists. The move would create a much larger gaming powerhouse if it proceeds.
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