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Nintendo, Pokemon Company, Google invest $30M in Pokemon Go dev

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Well, I'd hope so...

Nintendo, The Pokémon Company, and Google have come together to throw a combined $30 million at San Francisco-based Niantic, developer of the recently announced Pokémon Go. Niantic started as an internal Google team and obviously Nintendo and The Pokémon Company, who've allowed Niantic to use the property, is on board. The funding includes $20 million upfront and "$10 million conditioned upon achieving certain milestones."

Pokémon Company president and CEO Tsunekazu Ishihara stated, "The Pokémon Company is committed to partnering with companies like Niantic that share the same spirit of community and innovation."

Pokémon Go was announced last month with a trailer (above) that seemed to capture everyone's imagination for a real-life Pokémon world, even if the actual execution is going to be much less fantastical. It is coming to Android and iOS sometime in 2016.

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Steven Hansen
Steven HansenContributor   gamer profile

Steven watches anime & sports, buys meat out of trucks, dates a Muppet, and is only good at cooking. He stands before you bereft of solace and well on the road to perdition. ('^ω^) more + disclosures


 


 


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    Filed under... #Android #Augmented Reality #iPhone #Nintendo #Pokemon

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