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‘Pokémon Go’ Maker Nears $3.5 Billion Deal to Sell Games Unit (finance.yahoo.com)

submitted 1 year ago by ptz@dubvee.org to c/pokemongo@lemmy.world

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Niantic Inc., the company behind the 2016 hit Pokémon Go, is in talks to sell its video-game business to Saudi Arabia-owned Scopely Inc., according to several people familiar with the discussions.

Yeah, that's a whole lot of geolocation data being sold there - personal geolocation data of a lot of people.

Probably going to be deleting my account :(

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[–] Syrc@lemmy.world 3 points 1 year ago

would they then need to pay licensing fees to Niantic for their map/POI/AR APIs and data indefinitely? If so, Niantic will make out like a bandit, getting a fat up-front sale AND a fat ongoing license subscription, with great leverage to increase the subscription price in the future.

Yup, they’re selling the games division, which shouldn’t include Spatial/Lightship. Although it probably includes Wayfarer so I’m not sure what that would mean in practice.