For $3.5 billion, "Pokémon Go" will be sold to a Saudi-owned business.
Title.For $3.5 billion, "Pokémon Go" will be sold to a Saudi-owned business. Summary Niantic, Inc. is a name that resonates with millions of people across the world, particularly those who remember the cultural phenomenon that was Pokémon Go. Established as an internal Google startup in 2010, One of the most well-known names in the gaming industry, particularly in the field of augmented reality (AR) gaming, is Niantic. However, their journey to becoming a household name wasn’t always smooth, and their success with Pokémon Go would mark the peak of their story, so far. This detailed account will take a closer look at Niantic’s history, their rise to prominence through Pokémon Go, and the challenges they have faced since that monumental success. 1. Niantic's beginnings (2010-2015) The beginning of Niantic's history can be traced back to 2010, when John Hanke founded the company as a Google startup. Hanke, a tech veteran, had previously worked on important projects l...