Niantic in Negotiations to Sell Gaming Division for $3.5 Billion
February 19, 2025 - 11:27
Niantic, the company behind the wildly popular Pokémon Go, is reportedly in discussions to sell its video game division to Scopely for an estimated $3.5 billion. This information has emerged from sources familiar with the negotiations, suggesting that an announcement could be imminent in the coming weeks. However, the finalization of the deal remains uncertain.
Founded in 2010 as Niantic Labs within Google, the company gained independence in 2015 following a significant corporate restructuring that resulted in the creation of Alphabet, Inc. Since its inception, Niantic has focused on augmented reality experiences, revolutionizing mobile gaming with titles that encourage players to explore the real world.
The potential sale reflects a significant shift in the gaming landscape, as Niantic looks to align itself strategically for future growth. As the gaming industry continues to evolve, the outcome of these discussions could have substantial implications for both Niantic and Scopely.
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