Monopoly Go maker reportedly in talks to buy Pokémon Go for $3.5bn

Rumours suggest that deal will be completed within next few weeks
An undated image of Pokémon Go and Monopoly Go posters. — Pokémon Go/Monopoly/Canva
An undated image of Pokémon Go and Monopoly Go posters. — Pokémon Go/Monopoly/Canva 

Pokémon Go, one of the biggest mobile games in the world, could soon have a new owner. Several rumours suggest that Scopely, the Saudi-owned gaming company behind Monopoly Go, is in talks to buy Pokémon Go for $3.5 billion from Niantic, the original developer.

According to Bloomberg, the deal would be completed within the next few weeks, but nothing has been confirmed yet. 

Monopoly Go maker likely to buy Pokémon Go

This is a follow-up to a previous collaboration between Scopely's parent company, Savvy Games Group, and Niantic to increase the presence of Pokémon Go in Saudi Arabia through investments in the local market.

Scopely has already left its mark on the mobile gaming space. Its breakout game, Monopoly Go, has earned more than $2 billion in revenue. 

In contrast to Pokémon Go, which asks players to move around the real world with the help of augmented reality (AR), Monopoly Go is a virtual board game in which players accumulate wealth and properties. Scopely also owns Marvel Strike Force and Star Trek Fleet Command, making it a dominant force in mobile gaming.

Although Pokémon Go has continued to be popular since its release in 2016, Niantic has not been able to match that success. Its other AR games, Harry Potter: Wizards Unite, Pikmin Bloom, and Monster Hunter Now, did not meet the same level of popularity.