Niantic is now more valuable than three big gaming company

The developer of Pokemon GO, Niantic, has reached 3.9 billion $ value and surpassed current capitalization of three big gaming companies. 

Niantic is worth more than Square Enix, Capcom and Sega

Niantic was founded in 2010 as an internal startup in Google. The company has released their first game, Ingress for mobile devices in 2012. Ingress was using augmented reality elements, players have to  go real places around the cities. After that the company developed Pokemon GO with same elements and this game became so popular around the world. And it seems Pokemon GO was a great success for the company too, because Niantic is now worth more than three big gaming companies; Square Enix, Capcom and Sega.

According to The Wall Street Journal, Niantic has reached 3.9 billion $ valuation. Kantan Games CEO and analyst Dr. Serkan Toto stated ‘Niantic‘s valuation is more than the current market capitalization of Square Enix, Capcom and Sega.’

It seems Niantic will grow more in next years. What do you think about Niantic? Do you love their games?

Murat Oktay

Video games have been my passion for as long as I can remember. I have been writing and managing in the game industry for more than 30 years. I've been playing Diablo 2 nonstop since it first came out.

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