Pokémon GO developer Niantic has been sold to mobile gaming developer Scopely for $3.5B. Niantic is the company behind Pokémon GO, Pikmin Bloom, and Monster Hunter Now, Augmented Reality (AR) gaming hits that require players to go out and interact with the world both physically and virtually. The developer is also behind several non-game programs, including Campfire and Wayfarer.
Niantic’s games assets will be folded into Scopely, and Niantic is spinning off its geospatial platform into a new company called Niantic Spatial, according to a report by The Hollywood Reporter. Scopely is the mobile gaming giant behind several hit titles centered around well-known IPs, including Monopoly Go!, Star Trek Fleet Command, and Marvel Strike Force. As of 2024, Games Industry reports that Scopely is the second-largest mobile game developer by revenue in the world, surpassed only by Tencent. The acquisition adds three new IPs under the giant's belt, as well as any future titles that Niantic works on.
Scopely's acquisition of Niantic means an additional source of revenue for the industry behemoth. According to The Hollywood Reporter, Niantic's gaming arm has over 30 million active monthly players and earned more than $1 billion in 2024, thanks...
