Game Maker Niantic Adds Nintendo, Pokémon as Investors After Google Spinout

Game Maker Niantic Adds Nintendo, Pokémon as Investors After Google Spinout, This article, Pokemon Go Dev Raises $20 Actor from Nintendo, Google, and Pokemon Company, originally appeared on GameSpot.

Pokemon Go developer Niantic on Thursday appear that it has aloft $20 actor in Alternation A allotment from a annular of investors that included The Pokemon Company, Google, and Nintendo.The antecedent investment is $20 actor in upfront money, but the companies will accord $10 actor added "upon accomplishing assertive milestones," Niantic said in a statement. The aggregation says it's application the banknote for the connected development on the ambitious-sounding Pokemon Go, as able-bodied as to abutment the AR bold Ingress. The funds are aswell getting acclimated to "bring new amateur to market" a allotment of added things.

"The Pokemon Company, Google, and Nintendo are absurd investors and cardinal ally to advice body the next affiliate for Niantic," Niantic CEO John Hanke said in a statement. "We will be application this basic to abide the development of Pokemon GO, to advance and abound Ingress and its advancing all-around community, and to body out our real-world gaming platform."

Revealed in September, Pokemon Go is Niantic's a lot of afresh appear game. It is in development in accord with The Pokemon Aggregation and Nintendo. Due to barrage in 2016 for iOS and Android devices, the chargeless bold sees players catch, train, and action with Pokemon in the absolute apple via area advice in their adaptable devices. It aswell leverages an alternative watch-like accessory alleged Pokemon Go Plus.Junichi Masuda, who directed the Pokemon video bold alternation from Bold Freak, is alive on the game.

"Pokemon's cardinal investment in Niantic paves the way for a amusing adaptable acquaintance the apple has never apparent before," The Pokemon Aggregation admiral and CEO Tsunekazu Ishihara said. "The Pokemon Aggregation is committed to partnering with companies like Niantic that allotment the aforementioned spirit of association and innovation."

For its part, Google accumulated development controlling Don Harrison added: "Niantic has apparent the abundant abeyant of bond geolocation technology, activating storytelling, and avant-garde bold design, and we're aflame to abide acknowledging the aggregation on their journey."

Niantic was founded by Google Earth co-creator John Hanke. It breach off from Google beforehand this year.
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