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Niantic sells Pokemon GO and other games to Scopely in historic deal worth $3.5 billion

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Niantic CEO John Hanke said that this move is in line with the company’s vision of making “forever games” (long-lasting games). He said, “Scopely’s focus is on building and operating the best live service games.

Niantic, the maker of Pokemon Go, has announced that it is selling its gaming division to mobile gaming company Scopely for $3.5 billion i.e. about Rs 30,481,06,08,200

Scopely’s vision for Pokemon GO

The mobile game development company Scopely maintains its reputation through its popular titles like MONOPOLY GO! and MARVEL Strike Force. Pokemon Go has earned praise from company leaders because it uses AR experiences and live events to unite people.

How will Scopely’s Acquisition of Pokemon Go impact the players?

The acquisition changes will have no significant immediate effects on Pokemon Go players. The core GO development team continues their work without changes while the game maintains its existing planned events and mechanics as well as new ones.

Why is Niantic Selling its Gaming Business?

Niantic CEO John Hanke said the move is in line with the company’s vision of creating “forever games”. He said, “Scopely’s focus is on building and operating the best live service games. 

Will Pokemon Go get an Update?

Statement from Niantic: “Our game teams have long-term plans, and they will pursue them together with Scopely. Players will continue to get the same games, apps, services, and events they know and love.”