Pokémon GO was recently announced for mobile devices, giving fans the ability to capture and battle Pokémon in the real world with augmented reality. Nintendo is involved in the development of the game, and they also teamed up with The Pokémon Company and Google to invest $20 - $30 million in developer Niantic.
This is a move that Nintendo's investors loved, as the investments news caused Nintendo's stock to jump to its highest point in a month. This partnership is also great news for Niantic, as CEO John Hanke sees working with Nintendo as an honor.
“Terrific. It’s an honor to have the support and insights of a company that has brought decades of joy to people through their IP, game design, technology innovation. They share our same values of using innovation and play to bring people together. We have so much respect for Nintendo, as well as The Pokémon Company and of course Google. We couldn’t ask for a better group of companies.” — John Hanke
So far, all parties involved seem extremely excited and optimistic about the future of Pokémon GO, and investors agree. Hopefully Pokémon GO is able to live up to expectations and give fans the real life Pokémon experience they've been craving for years.
Source: Tech Crunch