America's Niantic Labs is selling its video-game division, which includes mobile games like Pokémon GO, Pikmin Bloom, and Monster Hunter Now, to Saudi Arabia-owned Scopely for $3.5 billion. Saudi's sovereign wealth fund, via Savvy Games, bought Scopely for $4.9 billion in 2023. Niantic, which had been struggling to replicate Pokémon GO's success, laid off employees in 2022 and 2023.