Pokémon Goes Elsewhere: Niantic Labs Sells Its Mobile Game Suite to Saudi Arabian-Owned Scopely for $3.5B

On the off-chance you’re still playing Pokémon Go, you can expect at least a few changes to the game.
Niantic sold its gaming division, which oversaw games like Pokémon Go, Pikmin Bloom and Monster Hunter Now to Saudi Arabia-based company Scopely, the studio behind mobile games like Monopoly Go!, Star Trek Fleet Command and Marvel Strike Force. Scopely, owned by Saudi Arabia’s Public Investment Fund, also gets Niantic’s Campfire and Wayfarer apps in the deal.
Niantic’s gaming division reportedly has more than 30 million monthly active players, and took in more than $1 billion in revenue in 2024. The bulk of that action is from Pokémon Go, launched in 2016, which still boasts 20 million weekly active players. Niantic has also expanded the game into live events, which Scopely plans to keep offering.
Niantic will spin off its tech platform into a new standalone entity called Niantic Spatial Inc. Niantic founder and CEO John Hanke will lead the new organization, which will be a “geospatial AI company powered by a next generation map, enabling devices and machines to understand and interact with the physical world.” The company will continue to own and operate Augmented Reality games Ingress Prime and Peridot.
Niantic said on its site that “the entire Pokémon Go team is staying together through this partnership. The same people who have been guiding and building the game for years will continue doing what we love,” said Ed Wu, head of the Pokémon Go team at Niantic.
Wu continued, “with Scopely’s full commitment, experience and resources, we’re going to make Pokémon Go the very best it can be – with incredible battles for thousands of Trainers at a time at our live events and new ways to connect to your friends and community, all while remaining focused on the excitement and experience of discovering Pokémon in the real world.”
Wu said that while he can’t promise the game will stay the same, “how we create and evolve it will remain unchanged, and I hope that we can make the experience even better for all of you.”