Niantic is close to selling Pokémon Go to Scopely for $3.5bn, according to a Bloomberg report.
The deal could be announced in the coming weeks, says the report, and could also include the rest of Niantic’s live games Monster Hunter Now, Pikmin Bloom, Ingress Prime and Peridot.
Bloomberg cited anonymous sources close to the matter, and noted that neither Scopely or Niantic commented when contacted.
Scopely said in October last year that it was lining up a “megadeal” involving “a scaled global franchise doing hopefully at least a billion dollars in revenue” – and it sounds like this might be it.
In that same interview, Scopely’s Tim O’Brien said the firm’s M&A team is the “tip of the spear” for the deployment of the $38bn Savvy Games Group has earmarked for games acquisitions. Scopely was acquired by Savvy Games Group for $4.9bn in April 2023. Savvy is owned by Saudi Arabia’s Public Investment Fund.
Source: https://mobilegamer.biz/scopely-set-for-3-5bn-swoop-for-pokemon-go-says-bloomberg/
The deal could be announced in the coming weeks, says the report, and could also include the rest of Niantic’s live games Monster Hunter Now, Pikmin Bloom, Ingress Prime and Peridot.
Bloomberg cited anonymous sources close to the matter, and noted that neither Scopely or Niantic commented when contacted.
Scopely said in October last year that it was lining up a “megadeal” involving “a scaled global franchise doing hopefully at least a billion dollars in revenue” – and it sounds like this might be it.
In that same interview, Scopely’s Tim O’Brien said the firm’s M&A team is the “tip of the spear” for the deployment of the $38bn Savvy Games Group has earmarked for games acquisitions. Scopely was acquired by Savvy Games Group for $4.9bn in April 2023. Savvy is owned by Saudi Arabia’s Public Investment Fund.
Source: https://mobilegamer.biz/scopely-set-for-3-5bn-swoop-for-pokemon-go-says-bloomberg/
