Niantic has announced they’ve sold off their popular smartphone games Pokemon Go, Monster Hunter Now, and Pikmin Bloom to publisher/developer Scopely.

The new transaction will see all three smartphone spinoffs of the respective popular franchises sold to the Monopoly Go! maker for a whopping $3.5 billion.

It’s worth noting Scopely, though based in California, is owned by the Saudi holding company Savvy Games Group, who also own big stakes in other companies like Nexon (10%), Electronic Arts (9%), Embracer Group (8%), Nintendo (7.5%), and more.

Scopely noted that Niantic games brings over 30 million monthly active users and earned over $1 billion in revenue for 2024 alone. Pokemon Go has remained in the top 10 mobile games every year since its launch nearly a decade ago and sports over 100 million unique players.

The Niantic game teams will “continue to pursue their ambitious roadmaps” under Scopely, led by their long-time game studio leaders Kei Kawai and Ed Wu.

Niantic posted another blog post to reassure fans of their games that full support will continue, even under a new parent company.

“This partnership ensures that our games have the long term support needed to be ‘forever games’ that will endure for future generations,” Niantic said. “Players can expect that the games, apps, services, and events they know and love will continue to receive Scopely’s ongoing investment, driven by the same teams that have always created these experiences.”