Niantic Inc. has officially announced the sale of its popular titles Pokémon Go, Pikmin Bloom, and Monster Hunter Now, along with their development teams, to Scopely, a company owned by the Saudi investment firm Savvy Games, for a staggering $3.5 billion. Additionally, Niantic is contributing an extra $350 million in cash to the deal, bringing the total value for Niantic's equity holders to approximately $3.85 billion.
In a statement to the press, Scopely highlighted the impressive metrics of Niantic's games business, boasting over 30 million monthly active users (MAUs), more than 20 million weekly active users, and a revenue exceeding $1 billion in 2024. Pokémon Go stands out as a crown jewel, consistently ranking among the top 10 mobile games since its launch nearly a decade ago, with over 100 million unique players in 2024.
Niantic expressed optimism about the future, stating that their game teams have "exciting long-term roadmaps" that will be further developed under Scopely’s ownership. In their blog post, Niantic emphasized the long-term support from Scopely, ensuring that the games, apps, services, and events will continue to thrive and evolve, managed by the same passionate teams that have been at the helm from the start.
Ed Wu, the chief of Pokémon Go, addressed community concerns in a separate blog post, reassuring players about the game's future. Wu, a key figure since the game's inception in 2016, expressed confidence in the partnership with Scopely, citing their admiration for the Pokémon Go community and their commitment to the game’s mission of discovering Pokémon in the real world. He highlighted that the entire Pokémon Go team would remain intact, continuing to drive the game's development with the same dedication and focus on enhancing player experiences.
Wu also emphasized the ongoing partnership with The Pokémon Company, which has been integral to Pokémon Go’s success. He reassured players that while the game will continue to evolve, the core approach to its development and community engagement will remain consistent, with a strong focus on real-world community and interaction.
In another significant move, Niantic announced the spin-off of its geospatial AI business into a new entity, Niantic Spatial Inc., to accelerate its growth and scalability. Scopely is investing $50 million in this new venture, which also receives $200 million from Niantic. Niantic Spatial will continue to manage and operate other AR games such as Ingress Prime and Peridot.
