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Scopely Inc., a gaming company backed by Saudi Arabia’s sovereign wealth fund, has acquired the gaming business of Niantic Inc. for $3.5 billion. The deal includes Niantic’s flagship mobile game, Pokémon Go, along with Pikmin Bloom and Monster Hunter, as well as companion apps and services like Campfire and Wayfarer.
Since its launch nearly a decade ago, Pokémon Go has remained a top-10 mobile game every year, boasting over 100 million unique players in 2024. In a blog post, Scopely highlighted that the acquisition will help create one of the world’s largest gaming communities, with over half a billion players in 2024 alone.
“Scopely has always been focused on cultivating meaningful communities through a shared love of play, and the Niantic games organization is one of the best in the world at this endeavor,” said Tim O’Brien, Chief Revenue Officer and Board Member of Scopely. He expressed admiration for Niantic’s ability to deliver innovative experiences that engage a vast global audience and encourage real-world exploration.
Niantic was founded by John Hanke, who previously worked in satellite mapping before leading Google’s Geo product division. Under his leadership, Niantic’s gaming division generated over $1 billion in revenue in 2024, with 30 million monthly active users.
Hanke emphasized that Niantic’s games have always served as a bridge to connect people and inspire exploration. “Scopely shares our focus on building and operating incredible live services, has exceptional experience working with the world’s biggest and most beloved intellectual properties, and cares deeply about its player communities and game-making teams,” he said. He further expressed confidence that the partnership would provide long-term support and investment to ensure Niantic’s games remain successful for future generations.
The acquisition marks a significant shift in the mobile gaming landscape, as Scopely expands its reach with some of the most iconic and community-driven games in the industry.
Sources By Agencies
