Gaming

Pokemon Go Exchanges Hands: Scopely Acquires the Hit Augmented Reality Game for $3.5 Billion

Pokemon Go, the hit mobile game that has captured millions of players since its launch in 2016, is changing hands to a new owner after nearly 9 years with Niantic.

1 month ago

Pokemon Go Ownership Transition

Current Status: After nearly 9 years, Niantic is selling the rights to Pokemon Go to Scopely for $3.5 billion.
Niantic's History: Since launching in 2016, Pokemon Go has been a massive success, initially under Niantic, which was spun off from Google and backed by Alphabet.
Popularity and Monetization: While the game's initial player base has dwindled, it remains highly popular. The transition to Scopely may lead to increased monetization through ads and microtransactions.
Developer Team and Partnerships: The current development team will remain unchanged, and partnerships with The Pokemon Company will continue.
Niantic's Future: Niantic is transitioning into a new phase as Niantic Spatial, focusing on geospatial AI and AR games.