Samsung to invest $40 million in Pokemon Go developer Niantic for exclusive games

Samsung is reportedly planning to invest $40 million into Pokemon Go and Ingress developer Niantic Inc. According to inside sources, Niantic will likely be tasked with developing high-profile mobile games that will be exclusive to Samsung Galaxy phones. This partnership could result in Niantic-developed games coming pre-loaded on Samsung, an anonymous inside source has told The Inquirer.

While details on the deal remain rather scarce at this point, according to the report, Niantic is trying to raise money for an IPO in 2019, while Samsung is more than happy to throw some money ...

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