Scopely, the company responsible for developing games like Stumble Guys, is set to acquire Niantic‘s game division, encompassing titles such as Pokemon GO, Pikmin Bloom, and Monster Hunter Now, along with their development teams. This deal, valued at $3.5 billion, will also see Niantic distributing an additional $350 million in cash. This announcement was made by Niantic itself.
According to Niantic’s statement in the announcement, Scopely, with its expertise in crafting remarkable live services, its strong track record of collaborating with the globe’s most renowned and cherished intellectual properties, and its dedication towards both player communities and game development teams, is an ideal match for their games. The Niantic team has ambitious plans for the future, which they will continue to develop as part of Scopely. This collaboration guarantees that our games will receive the sustained support necessary to become ‘everlasting games’ that will survive for future generations. Players can anticipate that the games, applications, services, and events they are familiar with will carry on receiving Scopely’s ongoing investment, driven by the very same teams who have always been responsible for creating these experiences.
You can find additional details about Niantic’s games business acquisition on the Scopely blog. The blog post also includes messages from Scopely co-CEOs Javier Ferreira and Walter Drive, as well as a message from the Pokemon GO team leader, Ed Wu.
In the meantime, Niantic is planning to separate its geospatial AI division into a new entity called Niantic Spatial. John Hanke will lead this venture, which has received an initial investment of $250 million. This includes $200 million from Niantic’s own funds and an additional $50 million from Scopely. Notably, all of the original investors in Niantic are also set to remain shareholders in Niantic Spatial.
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2025-03-12 16:32