Niantic, Creator of 'Pokemon Go,' to Sell Gaming Division to Saudi-Owned Scopely for $3.5 Billion

Niantic has sold Pokémon GO and other titles to Scopely for $3.5 billion, signifying a significant change for the company. The existing Pokémon GO development team will transition to Scopely, guaranteeing seamless game management. Ed Wu, the team leader of Pokémon GO, described the sale as 'a positive step' for the game's future. Players are apprehensive about possible alterations to monetization strategies, given Scopely's known focus on boosting revenue.