Scopely Expands Portfolio with $3.5 Billion Acquisition of Niantic's Gaming Division

The recent acquisition of Niantic's gaming division by Scopely, a prominent player in the mobile gaming industry, has sent ripples throughout the gaming community. With a hefty price tag of $3.5 billion, this deal marks a significant move for Scopely, which is headquartered in Saudi Arabia.

According to reports, Niantic's gaming division, now integrated into Scopely Inc., includes some of its top-performing intellectual properties, notably Pokémon GO, Pikmin Bloom, and Monster Hunter Now. These titles enhance Scopely’s already impressive lineup, which features highly lucrative games like Monopoly Go, currently recognized as one of the top-performing mobile games of all time.

Scopely emphasizes its commitment to fostering vibrant communities through shared gaming experiences. The inclusion of Niantic’s games, which have excelled over the past decade in attracting and engaging a global audience, aligns with their mission. The Chief Revenue Officer at Scopely expressed excitement about collaborating with Niantic's talented team to further ignite creativity and innovation in the gaming landscape.