Pokémon Go, a cultural phenomenon since its release in 2016, could be sold by its creator, Niantic, to Scopely for $3.5 billion. The potential deal arises as Niantic faces difficulties in replicating the success of Pokémon Go with other titles, such as Harry Potter: Wizards Unite, which was discontinued shortly after its launch. Scopely, owned by Saudi Arabia's sovereign wealth fund, has already proven its success with hits like Monopoly Go and is looking to expand its gaming portfolio further with this acquisition, which might materialize soon.
Niantic, the tech startup behind Pokémon Go, may sell the game to Scopely for $3.5 billion, reflecting its struggle to replicate the game's monumental success.
Despite the massive popularity of Pokémon Go since 2016, Niantic's attempts at diversifying with other franchises like Harry Potter have notably failed.
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