Pokémon GO maker Niantic is selling its games division to Scopely for $3.5B

Mobile gaming giant Scopely on Wednesday said it has agreed to acquire Pokémon GO maker Niantic’s gaming division for $3.5 billion. Niantic said that it will add an additional $350 million cash to yield a total value of $3.85 billion to Niantic equity holders. Niantic’s games roster includes the hit Pokémon GO, which has more than 20 million weekly active players; Pikmin Bloom, a walking game introduced in 2021; Monster Hunter Now, an AR game released in 2023; Campfire, a community interaction platform; and Wayfarer, a tool to contribute new map locations across Niantic games. Niantic said it will now focus on building real-world 3D maps through a new standalone entity called Niantic Spatial that will be led by the company’s CEO and founder John Hanke. As part of the deal, all employees working on Niantic’s games will join Scopely, which has a workforce of 2,300. “Niantic games have always been a bridge to connect people and inspire exploration, and I am confident they will continue ... Read full article.