CPG - Console & PC Gaming
  • Home
  • News
  • PC
  • PS5
  • Xbox
  • Switch
  • Mobile
  • Reviews
  • Guides
    • Deadlock Hero GuidesNew
    • Gray Zone Warfare GuidesNew
      • Artisan
      • Banshee
      • Gunny
      • Handshake
      • Lab Rat
      • Turncoat
    • Escape From Tarkov GuidesNew
      • 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
  • Guides
    • Deadlock Hero GuidesNew
    • Gray Zone Warfare GuidesNew
      • Artisan
      • Banshee
      • Gunny
      • Handshake
      • Lab Rat
      • Turncoat
    • Escape From Tarkov GuidesNew
      • 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

Scopely Finalizes Acquisition of Niantic’s Game Division, Including Pokémon GO

May 29, 2025
Mobile

Pokémon GO’s Ancients Recovered Event Brings Back Legendary Regi Raids

May 23, 2025
Mobile

Pokémon GO’s Might and Mastery Finale: Time to Join the Strength in Numbers Global Challenge

May 19, 2025
Mobile

Pokémon GO May 19–25: Urshifu Debuts, Machop Classic Day, and Gigantamax Machamp Battles!

May 18, 2025
Guides

Shadow Pokémon in Crown Clash: Which Ones Shine in PvP?

May 13, 2025
Mobile

Pokémon GO’s Upcoming Community Days and Events for Summer 2025

May 8, 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
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

41

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

32

CoD: Warzone Season 2 Update Fixes Plenty of Bugs

28

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

19

Dota 2 Patch 7.39b Arrives With Numerous Bug Fixes and Quality of Life Tweaks

May 29, 2025

Scopely Finalizes Acquisition of Niantic’s Game Division, Including Pokémon GO

May 29, 2025

Activision Removes Player Levels from Black Ops 6 Multiplayer Lobbies

May 29, 2025

Rust’s Community Update 265 Brings Warhammer 40K Crossover and Twitch Drops

May 29, 2025

CPGPATCH NOTES

News

Dota 2 Patch 7.39b Arrives With Numerous Bug Fixes and Quality of Life Tweaks

by Margarita Kicevski
May 29, 2025
Patch Notes

SCUM Hotfix 0.9.692.94426 Tackles Server and Anti-Cheat Glitches

by Angel Kicevski
May 29, 2025
Patch Notes

S.T.A.L.K.E.R. 2 Patch 1.4.2 Fixes Bugs and Tweaks Ammo

by Angel Kicevski
May 29, 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

© 2024 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
  • Guides
    • Deadlock Hero Guides
    • Gray Zone Warfare Guides
      • Artisan
      • Banshee
      • Gunny
      • Handshake
      • Lab Rat
      • Turncoat
    • Escape From Tarkov Guides
      • Jaeger
      • Mechanic
      • Peacekeeper
      • Prapor
      • Ragman
      • Skier
      • Therapist

© 2024 CPG - Console & PC Gaming