Pokémon GO
Niantic , the fellowship that createdPokémon GO , announced that it will lay off some employee after fill in the sale of its mobile plot mathematical group . originally this calendar month , Niantic stunned the wandering play human race when it announcedit would sell offPokémon GOand its other games to Scopely for nearly $ 4 billion dollars . The company rive itself into two entities as part of the sale , with a games partitioning and a second company call Niantic Spatial rivet on " geospatial AI . " However , as a part of this move , scores of employees will be out of job in the coming weeks , a report lay claim .
The party ’s CEO John Hanke wrote on theNianticwebsite this hebdomad that the split up will make the organization to " manoeuvre as a startup governing body . " Hanke added that Niantic " cautiously valuate the structure we believe is needed for the new society " and concluded that " it became clear that some use would not be required give way our new stress . " harmonise toSF Gate,68 employee will be touch by the layoff .
What Niantic Will Be Doing After The Pokémon GO Sale
Niantic Will Focus On Geospatial AI And Developing Its Original Game Ingress Prime
Although most ofNiantic ’s gaming business is heading over to Scopely , the company will continue to go on various augmented realness projects that make use of several decennary ' worth of geospatial tracking . Niantic Spatial is a ' geospatial AI company ' that will proceed to own and operateIngress Prime , Niantic ’s original AR - style game , and the more recentPeridot . The company is alsodeveloping a human race framework driven by Large Language Models and other AI technology .
The acquisition of Niantic by Scopely intend that Pokémon GO is one of the mobile games that was purchased , which is leaving some players vex about what could happen . When a company acquires another , sometimes they make cock-a-hoop changes , sometimes they make small changes , and sometimes they just leave thing as is . Because of the massive success of Pokémon GO , I would be traumatize if Scopely alters much of anything . Perhaps they will add a fee to sealed things , but I aboveboard do not even see that bump . Whatever Pokémon GO is doing , they are doing it correctly , as it is one of the big mobile plot and has keep player invested for years , which lead me to trust the new company will keep things very standardized , if not exactly the same .
Notably , in addition to the $ 3.85 billion received by Niantic as part of the Scopely sale , Niantic Spatial is working with a tidy amount of business capital letter . Niantic Spatial launched with $ 250 million in capital , with $ 200 million coming from Niantic ’s original property and another $ 50 million coming from Scopely . All of Niantic ’s original investors , which include Nintendo and Google , will also remain to be part of the company . This is all to say that Niantic is set itself for the future with a lot of hard cash on script to fund its future growth .
Our Take: Niantic’s Shift Is Disappointing But Not Unexpected
Niantic’s Layoffs Come Amid Growing Cuts In The Tech Field
Niantic has always been a technical school - friendly company , so its shift toward AI applied science is n’t precisely surprising . While the company ’s current geospatial project service C of grand of client , it have n’t obtain a practical exercise for the technology outside of get to plot likePokémon GO . While Niantic may want to run like a bulge out - up company , having so much money on its balance bed sheet means that they do n’t take to be intimately as thin as a typical start - up .
It does n’t appear that these layoff will affectPokémon GOor the workforce behind it in any style , and developer of the biz are stillpromising that no negative change will happento it . disregarding , we ’re disappointed by the continued movement of layoffs within technical school companies , and we revere that Niantic ’s protuberance will pass as it shifts to AI .
informant : Niantic , SF Gate
UPDATE: 2025/03/26 14:21 EST BY CHRIS COMPENDIO
Niantic Spatial Lays Off Dozens Of Staff Weeks After Pokémon GO Sale
The headline and some extract of this clause have been revised to further clarify the distinction between Niantic and Niantic Spatial .
Your Rating
Your comment has not been saved
Niantic Games
Niantic Games
