Nintendo has a 32 percent stake in The Pokémon Co. Niantic is the developer and it worked with The Pokémon Co., the business that markets and licenses the franchise to outside developers. The game initially sent Nintendo’s stock skyrocketing, until the company acknowledged that it didn’t actually make or own Pokémon Go and would see little financial impact from its success. With 800 million downloads as of earlier this year, the app has reportedly taken in $2 billion in revenue in just over two years. Pokémon Go has been an unquestionable hit. I don’t know if we’ll grow at that same velocity, but we’ll probably grow significantly next year.” “Engineering has grown a little bit faster than that. “Every year we’ve been out, we’ve roughly doubled in size across the company,” Wu said about Niantic’s growth since spinning out of Google three years ago.
This is already Niantic’s fifth office since it spun out of Google and opened the Bellevue engineering office in October 2015. The new 12,500-square-foot space will be more than twice the size of its current office. In an interview with GeekWire, Wu says the Bellevue location is growing so fast, that it will soon move to the floor below its current office. The company is based in San Francisco, but about a third of Niantic’s total personnel - around 50 people - is based in Bellevue, a city that has rapidly become a hub for gaming companies in recent years. Wu leads the Bellevue, Wash., engineering office of Niantic, the maker of Pokémon Go and one of the hottest gaming companies in the industry right now. When throngs of Pokémon Go fanatics took over Downtown Bellevue Park two summers ago during the height of the augmented reality game’s initial craze, just a few blocks away Edward Wu and his teams were hard at work making sure the game would be more than a fad. Edward Wu, senior director of engineering at Niantic.
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