Niantic Sells Gaming Division, Including Pokémon Go, to Scopely for $3.5 Billion
The deal will transfer Niantic's gaming assets and teams to Scopely, a subsidiary of Saudi Arabia's Savvy Games Group, pending regulatory approval.
- Scopely will acquire Niantic's gaming division, including Pokémon Go, Monster Hunter Now, and Pikmin Bloom, for $3.5 billion, subject to regulatory approval.
- The acquisition includes Niantic's game development teams and companion services like Campfire and Wayfarer, but excludes titles like Peridot and Ingress, which will remain under Niantic Spatial.
- Niantic CEO John Hanke and Pokémon Go lead Ed Wu expressed optimism about the deal, citing long-term support and investment for their games under Scopely's ownership.
- Scopely, owned by Saudi Arabia's Public Investment Fund through Savvy Games Group, has been expanding its presence in the gaming industry, including its 2023 acquisition of Monopoly Go developer Scopely for $4.9 billion.
- Pokémon Go, which has generated $7.9 billion in revenue since its 2016 launch, will continue its partnership with The Pokémon Company under Scopely's management.