Google, Nintendo, and Pokemon Co. invest in Ingress maker Niantic

Google, Nintendo, and Pokemon Co. invest in Ingress maker Niantic
Niantic Labs was always a strangely interesting part of Google. It was the division that created the location discovery app, Field Trip, and also the game Ingress and the incredibly detailed mythology behind it. When Google announced that it would be restructuring under Alphabet, it also announced that Niantic would become an independent company. Now, Google and others are investing in Niantic.

In its Series A round of funding, Niantic will be getting a total of $30 million total from Google, Nintendo, and the Pokémon Company Group. Niantic will get $20 million up front and then another $10 million based on hitting certain goals. John Hanke, CEO of Niantic, said in a statment on the funding:


Pokémon GO is being developed by Niantic in collaboration with the Pokémon Co. and Nintendo. As we've heard before, it will be an augmented reality game that allows players to find, catch, and battle Pokémon in the real world. The game is expected to be released on iOS and Android in 2016, and based on the trailer we saw last month, it looks pretty cool. 

source: BusinessWire

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9 Comments

1. ushoda

Posts: 76; Member since: Aug 17, 2011

is not an augmented reality game... that was already denied by niantic.

2. XperiaFanZone

Posts: 2277; Member since: Sep 21, 2012

Pokemon is boring. Anyone who disagree is a boring person.

4. PapaSmurf

Posts: 10457; Member since: May 14, 2012

Well there you go folks. Looks like someone had a sad childhood.

5. XperiaFanZone

Posts: 2277; Member since: Sep 21, 2012

What's sad about not being able to control monsters during a fight?

6. 99nights

Posts: 1152; Member since: Mar 10, 2015

Indeed. Pokémon is still loved by adults today and still play the games every year, gladly including my self lol.

7. Omarc07

Posts: 574; Member since: Nov 12, 2012

No your boring ,pokemon is awesome n yes im 26 n still play it.

9. UglyFrank

Posts: 2188; Member since: Jan 23, 2014

Here in Birmingham, England, Pokémon is all the craze.

3. PapaSmurf

Posts: 10457; Member since: May 14, 2012

I don't care if I'm in my 20's.. I'm definitely hopping board!

8. JMartin22

Posts: 2312; Member since: Apr 30, 2013

Can't beat Pokémon

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