Pokémon GO maker Niantic is selling its games division to Scopely for $3.5B
Latest
AI
Amazon
Apps
Biotech & Health
Climate
Cloud Computing
Commerce
Crypto
Enterprise
EVs
Fintech
Fundraising
Gadgets
Gaming
Government & Policy
Hardware
Layoffs
Media & Entertainment
Meta
Microsoft
Privacy
Robotics
Security
Social
Space
Startups
TikTok
Transportation
Venture
Events
Startup Battlefield
StrictlyVC
Newsletters
Podcasts
Videos
Partner Content
TechCrunch Brand Studio
Crunchboard
Contact Us
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 to do both as part of Scopely. 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,” Hanke said in a statement.
Niantic Spatial will get a $250 million cash infusion — $200 million from Niantic and $50 million from Scopely.
Scopely said players can expect Niantic games, apps, and events to stay true to their spirit. The company, which makes popular titles like “MONOPOLY GO!” and “Stumble Guys,” didn’t specify the future roadmap for Niantic’s games.
Niantic said it will continue to operate Ingress Prime, the revamped version of Niantic’s first game Ingress, and pet simulator game Peridot, under Spatial.
Niantic has released several titles in recent years that were received well, but it has struggled to match the success of Pokémon GO. Even Pokémon GO players have complained about the rise of paid content and elements in the game in recent months.
Following the pandemic, the company discontinued some high-profile projects, including NBA, Harry Potter, and Marvel games, and has laid off hundreds of employees over the past few years.
Going forward, Ninatic will focus on collecting real-life location-related data points. Last year, it updated its Scaniverse app to let users create models of real-world objects and provide the data to developers. In November 2023, the company said it wanted to build a large geospatial model that would use machine learning to “understand a scene and connect it to millions of other scenes globally.”
Topics
Trump says he will label violence against Tesla as domestic terrorism
Y Combinator founders raising less money signals a ‘vibe shift,’ VC says
Apple fixes new security flaw used in ‘extremely sophisticated attack’
DOGE axes CISA ‘red team’ staffers amid ongoing federal cuts
At SXSW, Bluesky CEO Jay Graber pokes fun at Mark Zuckerberg with Latin phrase T-shirt
Neom is reportedly turning into a financial disaster, except for McKinsey & Co.
Subscribe for the industry’s biggest tech news
Every weekday and Sunday, you can get the best of TechCrunch’s coverage.
TechCrunch's AI experts cover the latest news in the fast-moving field.
Every Monday, gets you up to speed on the latest advances in aerospace.
Startups are the core of TechCrunch, so get our best coverage delivered weekly.
By submitting your email, you agree to our Terms and Privacy Notice.
© 2025 Yahoo.
EMEA Tribune is not responsible for this news, news agencies have provided us this news.
Follow us on our WhatsApp channel here .
