Niantic is also selling “Pikmin Bloom,” and “Monster Hunter Now,” Niantic’s most recent game.

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.

Saudi sovereign wealth fund-backed Scopely Inc. has agreed to buy Niantic Inc.’s gaming business, including the mobile hit Pokémon Go, for $3.5 billion.

Saudi Arabia’s sovereign wealth fund will purchase Pokémon Go as part of a major mobile game company acquisition.

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.

Saudi Arabia's Scopely has acquired Niantic's gaming division, the creator of the renowned augmented reality (AR) game Pokémon Go, for $3.5 billion. Read More: Brad Pitt's F1 Movie is Coming Out This June Through this acquisition,

Mobile gaming witnessed one of its biggest acquisition deals when Saudi Arabia’s Scopley announced this week that it was buying augmented reality gaming company Niantic for $3.5 billion. The deal includes ownership of successful titles Pokemon Go and Pikmin Bloom,

Pokémon Go is being bought by Scopely, the Saudi fund-owned company behind Monopoly Go and Marvel Strike Force.