CPG - Console & PC Gaming
  • Home
  • News
  • PC
  • PS5
  • Xbox
  • Switch
  • Mobile
  • Reviews
  • Esports
  • Guides
    • Gray Zone WarfareNew
      • Artisan
      • Banshee
      • Gunny
      • Handshake
      • Lab Rat
      • Turncoat
    • Escape From TarkovNew
      • Jaeger
      • Mechanic
        • Gunsmith
      • Peacekeeper
      • Prapor
      • Ragman
      • Skier
      • Therapist
No Result
View All Result
CPG - Console & PC Gaming
  • Home
  • News
  • PC
  • PS5
  • Xbox
  • Switch
  • Mobile
  • Reviews
  • Esports
  • Guides
    • Gray Zone WarfareNew
      • Artisan
      • Banshee
      • Gunny
      • Handshake
      • Lab Rat
      • Turncoat
    • Escape From TarkovNew
      • Jaeger
      • Mechanic
        • Gunsmith
      • Peacekeeper
      • Prapor
      • Ragman
      • Skier
      • Therapist
No Result
View All Result
CPG - Console & PC Gaming
No Result
View All Result
Home News

Niantic Restructures After $3.5 Billion Sale, Laying Off 68 Employees

Niantic’s restructuring follows Scopely acquisition, marking a new chapter for the company.

Angel Kicevski by Angel Kicevski
April 16, 2025
in News
0

Pokémon Go creator Niantic has recently undergone major changes. After selling its game portfolio to Scopely, it laid off 68 employees as part of its restructuring initiative. This decision marks a crucial moment for the developer famous for its augmented reality games.

The sale of Niantic’s game business, which included popular titles like Pokémon Go, Pikmin Bloom, and Monster Hunter Now, was confirmed in March 2025 and fetched a whopping $3.5 billion. With this acquisition, the teams behind these successful projects transitioned to Scopely, while Niantic opted to simplify operations by letting go of employees involved in other initiatives.

The company intends to rebrand itself as ‘Niantic Spatial,’ focusing on developing geospatial AI technology. In its press release regarding this change, Niantic stated: “Second, we are spinning off our pioneering geospatial AI business into a new company, Niantic Spatial Inc., enabling it to accelerate and scale even more rapidly.” The newly formed entity will be led by John Hanke and supported by an impressive $250 million investment package—$200 million from Niantic’s own resources alongside $50 million from Scopely.

“Why? Because we’re in the midst of seismic technological changes,” remarked CEO John Hanke. He addressed how traditional mapping techniques are evolving with advancements in AI: “Existing maps were built for people to read and look at but now there is a need for a new kind of map that makes the world intelligible for machines.” This evolution aims at creating sophisticated models that could help AI systems better comprehend physical surroundings.

“With $250M in funding, some of the world’s best geospatial AI talent, access to proprietary data, a strong customer pipeline, and a rapid product cycle,” Hanke believes Niantic Spatial is set up for success like its gaming predecessors.

Tags: NianticPokemon GO
ShareTweet
Previous Post

Fallout 3 Remastered Rumors: On Hold for Now

Next Post

Nintendo Switch 2 Pre-Orders Launching Soon in the US

Angel Kicevski

Angel Kicevski

I've spent half of my life playing video games, ever since the competitive 1.6 era. Now I am happily married to Margarita Kicevski, and have two beautiful children. My goal is to deliver fresh news and updates, but most of the time I want to work on guides. Since I have rebooted this website, I am planning on making it huge. Just you wait!

RELATEDPOSTS

Mobile

Pokemon GO Battle Weekend: Tales of Transformation, dates, leagues and rank-up encounters

October 19, 2025
Mobile

Pokémon GO servers crash as Mega Rayquaza Raid Day begins in Japan

October 18, 2025
Mobile

Pokemon Go level rebalance update accidentally blocks players from collecting items

October 16, 2025
Mobile

Pokémon GO will raise the trainer cap to level 80 on October 15, 2025, rebalanced XP, new rewards, and a Daily Adventure Egg

October 13, 2025
Guides

Hydrapple Lands in Pokémon GO, But PvP Fans Will Be Underwhelmed

October 11, 2025
Mobile

Pokémon GO’s Halloween 2025 Part One to run Oct 21-27

October 6, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Battlestate Games shares results from the in-game Survey about the Flea Market

January 30, 2025

Escape From Tarkov 2025 Roadmap Revealed, Full Release Finally Confirmed

April 18, 2025 - Updated on July 18, 2025
Tarkov patch 0.15

Escape From Tarkov reveals the 0.15 trailer before wipe

August 14, 2024

Minecraft Update 1.21.21 Patch Notes for August 14/15

August 14, 2024

Escape From Tarkov Best Graphics Settings – Updated With Patch 0.15.5

Escape From Tarkov: How to Snipe Flea Market Items Easily?

CoD: Warzone Season 2 Update Fixes Plenty of Bugs

MW2 and Warzone 2.0 Season 3 is full of Bugs and Issues, Upcoming Fixes and more

War Within 11.2.5 Hotfixes (Oct 25) – Artifact Appearances Restored, Legion Remix Pets Fixed

October 24, 2025

Mythic+ Meta Stabilizes as Havoc and Beast Mastery Tick Up

October 24, 2025

Halo: Campaign Evolved will change the Library level in the remake

October 24, 2025

Several top The Sims creators leave EA creator network as devs promise the game will remain a space for self-expression

October 24, 2025

CPGPATCH NOTES

News

War Within 11.2.5 Hotfixes (Oct 25) – Artifact Appearances Restored, Legion Remix Pets Fixed

by Angel Kicevski
October 24, 2025
Smite 2
Patch Notes

Smite 2 OB21 – Hotfix 10/24 fixes Eset, Loki, Mulan and item issues

by Angel Kicevski
October 24, 2025
Patch Notes

The Outlast Trials Invasion hotfix – October 24 patch notes

by Margarita Kicevski
October 24, 2025

About Us

We are CPG - Console & PC Gaming, an independent, family-run website providing fresh news, updates, reviews, interviews, guides, and other bits and pieces from the gaming industry.

Read more

  • About
  • Privacy Policy
  • Contact

© 2025 CPG - Console & PC Gaming

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • PC
  • PS5
  • Xbox
  • Switch
  • Mobile
  • Reviews
  • Esports
  • Guides
    • Gray Zone Warfare
      • Artisan
      • Banshee
      • Gunny
      • Handshake
      • Lab Rat
      • Turncoat
    • Escape From Tarkov
      • Jaeger
      • Mechanic
      • Peacekeeper
      • Prapor
      • Ragman
      • Skier
      • Therapist

© 2025 CPG - Console & PC Gaming

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.