Pokémon Go, Monster Hunter Now and Pikmin Bloom Sold to Monopoly Go! Owner Scopely

After weeks of rumors that the mobile technology company Niantic was nearing a deal for its high-profile games, including Pokémon Go, the $3.5 billion sale is public, and also includes news of an AI spinoff.

Niantic and Scopely, a Saudi Arabia-owned mobile games company with headquarters in Culver City, Calif., reached a deal that brings Pokémon Go, Monster Hunger Now and Pikmin Bloom to Scopely along with their entire development teams.

In a post about the deal, Niantic said that it's selling three of its "forever games" for $3.5 billion and will include $350 million of its own cash distributed to equity holders. 

Niantic, which spun off from Google in 2015 as a location-based apps and games company led by Google Maps and Google Earth pioneer John Hanke, will continue, but will spin off Niantic Spatial, a new geospatial AI company ...