The creators of the popular Pokemon Go mobile game, Niantic Labs, have revealed their intention to sell the game and other gaming properties to Scopely for a staggering $3.5 billion. Once this transaction is completed, Niantic plans to separate its geospatial AI division into a new company called Niantic Spatial Incorporated.
This morning, Niantic posted an announcement on their website about selling their gaming division to Scopely for $3.5 billion. As a result, Scopely now takes ownership of Pokemon Go, Pikmin Bloom, Monster Hunter Now, and the studios responsible for developing these games. Niantic expressed that Scopely will continue to develop long-term plans for these games.
Scopely is currently under the ownership of Savvy Games Group, a company that was initially established by Saudi Arabia’s investment fund. This group has been actively working towards becoming a major player in the video game market, acquiring stocks from companies such as Nintendo and Electronic Arts. In 2023, Savvy Games Group added Scopely to its collection of assets. They also own several other mobile games based on intellectual properties like Marvel Strike Force, Star Trek Fleet Command, and WWE Champions.
As a gamer, I’m excited about the direction Niantic is heading! After selling its gaming assets, they’re diving deep into AI technology. You see, they’ve been tinkering with geospatial tech already, and now they’re spinning that off into a brand new company named Niantic Spatial. Guess what? They’re pouring a whopping $250 million into it! Can’t wait to see what amazing things this investment will bring to the gaming world!
The news about Niantic transferring ownership of Pokemon Go to Scopely is among the most significant business transactions in the gaming industry this year. Make sure to save our dedicated Pokemon Go section for updates on how this shift might impact one of the globe’s most popular mobile games.
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2025-03-12 20:27