Gaming

Niantic acquired by subsidiary of Saudi Arabia’s Savvy Games Group for $3.5 billion

Pokemon GO developer Niantic has confirmed this afternoon that it has been acquired by Scopely for $3.5 billion. If you are not aware, Scopely is part of Saudi Arabia’s Savvy Games Group. Writing on the official Pokemon GO website, Ed Wu the project lead for the popular Pokemon GO, said that the move will be “a positive step for all of you and the game’s future.” He outlined the following reasons:

  • Scopely expressed a deep admiration for this community and our team. I have every belief Pokémon GO will further flourish as part of Scopely, not only into its second decade, but for many more years to come, under the mission of discovering Pokémon in the real world and inspiring people to explore together. Our new partnership, along with our decade long partnership with The Pokémon Company, means we can maintain this long-term focus. Scopely fully believes in our mission and ongoing goal to create the best Pokémon GO experience possible. Their focus will be to support our team, providing resources to continue delivering the gameplay you all know and love. Read more on their blog here.
  • The entire Pokémon GO team is staying together through this partnership. The same people who have been guiding and building the game for years will continue doing what we love. We’re always continually adding to the game – Raid Battles, friends, GO Battle League, Routes, Dynamax/Gigantamax, and, of course, Pokémon GO Fest and our live events – which I look forward to continuing to do for many years to come. Scopely empowers their game teams as autonomous groups to go after the roadmaps that they’re inspired to pursue, and what each team believes is best for the player experience. This approach is extremely appealing to us at Niantic games. I have spoken to a number of game leaders at Scopely who have given me great confidence in how the company enables each game to independently develop and creatively thrive.
  • We will be joining a broader organization dedicated to games. I believe that Pokémon GO can continue to thrive with Scopely’s exclusive and long-term focus on game-making. Scopely’s status as a private company also means we can prioritize what’s best for you, our Trainers, for the long term. We believe that prioritizing short-term gains at the expense of our long-term mission would be counterproductive and self-defeating. Every interaction I’ve had with Scopely leaders has reinforced that we are in total agreement that the scale, longevity and most of all, real world community, of Pokémon GO make it truly special. We are united in protecting that.

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