https://www.polygon.com/pokemon-go/538132/pokemon-go-niantic-games-sold-scopely-acquisition
Niantics games division, which makes the augmented reality megahit Pokmon Go, has been sold to mobile gaming powerhouse Scopely for a whopping $3.5 billion.
As confirmed by Niantic, Scopely, and the Pokmon Go team, the deal will see the entire Niantic Games operation snapped up by Scopely, which among many, many other things makes Monopoly Go one of the few mobile games to achieve the same stratospheric level of success as Niantics flagship.
That means that Niantics other current AR games, Pikmin Bloom and Monster Hunter Now, are also now owned and operated by Scopely, alongside the companion apps Campfire (for social connections between players) and Wayfarer (for submitting real-world Wayspot locations to the games). Scopely said that Niantics games business boasts over 30 million monthly active players and over $1 billion in yearly revenue most of which will be driven by Pokmon Go.
Scopely is U.S.-based but owned by Savvy Games Group, a major game industry investor established by Saudi Arabias sovereign wealth fund.
Scopely is known for extremely aggressive monetization in its games, which include Stumble Guys, Star Trek Fleet Command, and Marvel Strike Force. This has caused some nervous Pokmon Go players to threaten an exodus if the deal were to go through.
Good thing I already quit Pokemon Go a while ago.