• Latest
  • Trending
Saudi-owned Scopely acquires Niantic’s gaming division, including Pokémon GO, in $3.5 billion deal

Saudi-owned Scopely acquires Niantic’s gaming division, including Pokémon GO, in $3.5 billion deal

March 14, 2025
Ethio Telecom introduces Znexus to close smartphones usage gap

Ethio Telecom introduces Znexus to close smartphones usage gap

October 18, 2025
African startups raised $141.7 million in September 2025

African startups raised $141.7 million in September 2025

October 17, 2025
Pre-seed funding round fuels Tunisian startup PAYDAY with $3 million

Pre-seed funding round fuels Tunisian startup PAYDAY with $3 million

October 17, 2025
YouTube updates its user interface across all devices

YouTube updates its user interface across all devices

October 17, 2025
Tech companies dominate Interbrand’s 2025 Best Global Brands

Tech companies dominate Interbrand’s 2025 Best Global Brands

October 17, 2025
Innoson, Nigerian automaker, unveils plan to establish CNG assembly plant in Bayelsa

Innoson, Nigerian automaker, unveils plan to establish CNG assembly plant in Bayelsa

October 16, 2025
Spotify testing ‘SongDNA’ to show everyone behind your songs

Spotify testing ‘SongDNA’ to show everyone behind your songs

October 16, 2025
$395mn submarine cable project, Medusa, begins deployment to link Europe to Africa

$395mn submarine cable project, Medusa, begins deployment to link Europe to Africa

October 16, 2025
Chari raises $12M, gets Morocco’s first VC-backed payment license

Chari raises $12M, gets Morocco’s first VC-backed payment license

October 16, 2025
NCBA unveils ConnectPlus to improve businesses in Kenya

NCBA unveils ConnectPlus to improve businesses in Kenya

October 16, 2025
Slack supercharges Slackbot with smarter AI capabilities

Slack supercharges Slackbot with smarter AI capabilities

October 16, 2025
Gemini AI now handles your Google Calendar meeting scheduling

Gemini AI now handles your Google Calendar meeting scheduling

October 16, 2025
Techpression
Advertisement
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
Saturday, October 18, 2025
No Result
View All Result
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Tech TV
    • General News
    • How To
    • Reviews
  • Cryptocurrency
  • Fintech
  • Startups
  • Ai
No Result
View All Result
Techpression
No Result
View All Result
Home Device Games

Saudi-owned Scopely acquires Niantic’s gaming division, including Pokémon GO, in $3.5 billion deal

Ladele Joy by Ladele Joy
March 14, 2025
in Games
141 10
0
Saudi-owned Scopely acquires Niantic’s gaming division, including Pokémon GO, in $3.5 billion deal

Saudi-owned Scopely acquires Niantic’s gaming division, including Pokémon GO, in $3.5 billion deal

467
SHARES
Share on FacebookShare on TwitterWhatsAppTelegram

In a massive move that reshapes the mobile gaming landscape, Scopely has acquired Niantic’s gaming division, including the blockbuster hit Pokémon GO, for $3.5 billion. 

The deal, announced on Wednesday, brings some of the world’s most popular augmented reality (AR) games under Scopely’s umbrella while allowing Niantic to shift its focus toward geospatial AI technology.

Niantic’s gaming division boasts more than 30 million monthly active users and over $1 billion in annual revenue, making it a valuable addition to Scopely’s rapidly expanding portfolio. 

This acquisition strengthens Scopely’s position as a mobile gaming powerhouse, adding AR-driven titles such as Pokémon GO, Pikmin Bloom, and Monster Hunter Now.

RelatedPosts

Pokémon GO’s future uncertain as Niantic negotiates sale to Scopely

Pokémon GO’s future uncertain as Niantic negotiates sale to Scopely

February 21, 2025
Load More

Read also: Unleash Your creativity: Adobe Firefly AI transforms Premiere Pro for Video Pros

Pokémon GO and other AR titles join Scopely

Pokémon GO has remained a global phenomenon since its launch in 2016. In 2024 alone, the game attracted over 100 million unique players from 190 countries. On average, players spent 40 minutes daily engaging with the game, while events like Pokémon GO Fest 2024 sold over 2 million tickets. The game’s loyal player base and continuous updates have cemented its place among the highest-grossing mobile games worldwide.

Beyond Pokémon GO, Scopely also gains other high-performing Niantic titles. Pikmin Bloom, developed in collaboration with Nintendo, saw record player engagement in 2024, with players walking a staggering 3.94 trillion steps. Meanwhile, Monster Hunter Now, launched in late 2023, quickly became a fan favorite, surpassing 15 million downloads within seven months and drawing 20,000 attendees to its first in-person event in Tokyo.

Niantic transitions to Geospatial AI

With the sale of its gaming division, Niantic is pivoting to focus exclusively on geospatial AI under a new name: Niantic Spatial. The new company will be led by Niantic’s founder and CEO, John Hanke, and will retain its AR-based projects Ingress Prime and Peridot.

Niantic Spatial has secured $250 million in funding, with $200 million coming from its existing balance sheet and an additional $50 million from Scopely. The move signals Niantic’s intent to lead advancements in AR and mapping technology while leaving the gaming industry behind.

Read also : Adobe enables simultaneous editing in Photoshop

Saudi Arabia’s growing role in gaming

The acquisition also underscores Saudi Arabia’s growing influence in the global gaming market. Scopely, now a subsidiary of Saudi-owned Savvy Games Group, was itself acquired for $4.9 billion in 2023. Saudi Arabia has invested heavily in gaming, with ambitions to become a major hub for the industry. The kingdom’s sovereign wealth fund, Public Investment Fund (PIF), continues to make strategic moves, including holding a significant stake in Nintendo.

As the deal awaits regulatory approvals, it marks a new chapter for Scopely, Niantic, and the mobile gaming industry. With Scopely’s expertise in live-service games and Niantic Spatial’s AI ambitions, the future of AR gaming and digital interaction is set for a major evolution.

 

Tags: NianticPokémon GOSaudiScopely
Ladele Joy

Ladele Joy

Ladele Joy is a content writer and tech reporter specializing in entertainment and gaming. She crafts engaging stories that connect with readers. Joy brings curiosity and creativity to every piece she writes.

Quick Links

  • Tech News
  • Cryptocurrency
  • Fintech
  • Startups
  • Business
  • Home
  • About
  • Contact Us
  • Advert Rate
  • Terms & Conditions
  • Privacy Policy
  • SiteMap

© 2025 Techpression

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

No Result
View All Result
  • Home
  • Tech News
    • Africa Tech
    • Global Tech
    • Tech with Pelumy
    • Tech Careers
    • Reviews
    • How To
    • General News
  • Cryptocurrency
  • Business
  • Fintech
  • Startups
  • Featured
  • Ai
  • Tech TV

© 2025 Techpression

techpression.com
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

3rd Party Cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.