The deal to sell the gaming assets of the American company Niantic (Pokemon Go, Pikmin Bloom, Monster Hunter Now), which Bloomberg sources reported in February, will still take place.
Image source: Niantic
As it became known, Niantic will sell mobile games with elements of augmented reality Pokemon Go, Pikmin Bloom, Monster Hunter Now, companion applications Campfire and Wayfarer, as well as their development teams.
The buyer, as expected, will be Scopely, the developer of Stumble Guys and Monopoly Go, which is owned by Saudi Arabia’s Savvy Games Group. The deal is valued at $3.5 billion.
Image source: Scopely
Scopely notes in a press release that more than 30 million users spend time in Niantic games every month, the Pokemon Go audience reached 100 million people in 2024, and the total revenue from projects by the end of 2024 exceeded $1 billion.
According to Niantic, there is no need to worry about the future of the listed games, applications and services: they will continue to be supported by the same teams, and Scopely will provide the projects with ongoing investments.
Image source: Niantic
Niantic believes that Scopely’s focus on creating “incredible games as services,” its “outstanding” track record of working with global brands, and its commitment to its communities make it an ideal partner for these projects.
Meanwhile, Niantic will spin off its geospatial AI business into a separate company, Niantic Spatial, led by John Hanke. It will have a $250 million seed round, including $50 million from Scopely.