Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.

Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.

Mobile gaming giant Scopely on Wednesday said it has agreed to acquire Pokémon Go maker Niantic's gaming division for $3.5 billion.

The mobile game Pokémon GO is entering a new era. Scopely, a major player in the mobile gaming world, has acquired Niantic's gaming division for a whopping $3.5 billion. This deal not only includes Pokémon GO but also brings titles like Pikmin Bloom and Monster Hunter Now under Scopely’s portfolio.

Mobile gaming firm Scopely is paying $3.5 billion to acquire the video game business of Niantic, including leading titles like Pokémon GO.

Pokemon GO” maker Niantic reached an agreement to sell its gaming business to Savvy Games Group’s subsidiary, Scopely, for $3.5 billion, handing the company backed by Saudi Arabia’s sovereign wealth fund the hit mobile game along with engagement and live-experience apps.

Niantic Labs said it would sell its video-game division to Saudi Arabia-owned Scopely for $3.5 billion, as the U.S. augmented reality firm shifts focus to geospatial technology after failing to recreate the success of its 2016 smash hit "Pokemon Go.