Scopely Acquires Niantic, Developer of Pokémon Go

It's a monumental day for the world of Pokémon Go, not for any in-game developments, but due to a significant business move. Niantic, the creative force behind Pokémon Go, Pikmin Bloom, Monster Hunter Now, and Peridot, has been acquired by Scopely, the developer of the smash hit Monopoly Go! This acquisition means that Niantic's impressive catalog is now part of Scopely's portfolio, along with their parent company, Savvy Games Group.

The deal was sealed at a staggering $3.5 billion. As part of this acquisition, Niantic's augmented reality technology arm will split off to become a standalone company named Niantic Spatial, which will continue to manage Ingress Prime and Peridot. For fans, this transition promises minimal disruption to the games they love. However, for those keeping an eye on the broader industry, this acquisition marks a significant shift.

For a deeper dive into the business implications, head over to our sister site, PocketGamer.biz. This merger is a game-changer for both companies and could have far-reaching effects on the mobile gaming landscape. While Pikmin Bloom and Monster Hunter Now have been increasingly profitable for Niantic, with Pokémon Go still leading the pack, fans can expect continuity in their gaming experience. The future of mobile gaming, however, remains an exciting unknown.

With the upcoming Pokémon Go Fest set to take place in Paris, it's shaping up to be a landmark year for this beloved AR game. If you're eager to dive back into the world of these iconic pocket monsters, don't forget to check out our list of Pokémon Go promo codes for a helpful boost.