{"id":6072,"date":"2022-03-19T02:54:41","date_gmt":"2022-03-19T09:54:41","guid":{"rendered":"https:\/\/www.gamesround.com\/blog\/?p=6072"},"modified":"2022-03-19T02:56:26","modified_gmt":"2022-03-19T09:56:26","slug":"pokemon-go-creator-niantic-buys-ar-developer-8th-wall","status":"publish","type":"post","link":"https:\/\/www.gamesround.com\/blog\/pokemon-go-creator-niantic-buys-ar-developer-8th-wall","title":{"rendered":"Pok\u00e9mon Go Creator Niantic Buys AR Developer 8th Wall"},"content":{"rendered":"\n<p>Pok\u00e9mon Go developer <a href=\"https:\/\/www.gamesround.com\/blog\/niantic-acquires-gameplay-recording-app-lowkey\" title=\"Niantic Acquires Gameplay Recording App Lowkey\">Niantic<\/a> revealed that it had acquired web-based augmented reality development platform 8th Wall. <\/p>\n\n\n\n<p>The financial details of the transaction were not disclosed.<\/p>\n\n\n\n<p>Niantic&#8217;s acquisition of 8th Wall is the company&#8217;s largest\u2014 with 34 people from 8th Wall&#8217;s workforce joining Niantic&#8217;s 900-strong team.<\/p>\n\n\n\n<p>Niantic states the acquisition expands the AR opportunity for creators and businesses with web tools for creating mobile-friendly experiences that work without requiring an app.<\/p>\n\n\n\n<p>Niantic is attempting to create its own version of a real-world metaverse combining elements from the digital world with physical settings. The San Francisco-based publisher recently raised $300 million from <a href=\"https:\/\/www.gamesround.com\/blog\/niantic-gets-300m-from-coatue-to-make-real-world-metaverse\" title=\"Niantic Gets $300m From Coatue To Make \u201cReal-World Metaverse\u201d\">Coatue<\/a> to make its vision of creating a real-world metaverse a reality.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\"><p>&#8220;There is so much potential for web-based augmented reality, and we will continue to unlock this through the lens of Niantic&#8217;s real-world AR universe,&#8221; said 8th Wall CEO and founder Erik Murphy-Chutorian. &#8220;We are looking forward to working with Niantic to create the best planet-scale platform technologies to foster even more magical shared experiences.&#8221;<\/p><\/blockquote>\n\n\n\n<p>The 8th Wall will provide more support to Niantic&#8217;s Lightship developer platform, allowing developers to realize their ideas for AR for the real-world metaverse.<\/p>\n\n\n\n<p>8th Wall was launched in 2019 as an AR development platform for mobile, PC, and AR\/VR games.<\/p>\n\n\n\n<p>The acquisition is said to ensure that the two businesses remain distinct. After the purchase, the developer also stated that it will join Niantic&#8217;s AR engineering team. Furthermore, the deal is expected further to scale Niantic&#8217;s Lightship developer platform&#8217;s offerings.<\/p>\n\n\n\n<p>Niantic has acquired 10 companies since 2017, including Evertoon, Matrix Mill, Escher Reality, Seismic Games, Sensible Object, Mayhem, and <a href=\"https:\/\/www.gamesround.com\/blog\/pokemon-go-maker-niantic-acquires-scaniverse\" title=\"Pok\u00e9mon GO Maker Niantic Acquires Scaniverse\">Scaniverse<\/a>.<\/p>\n\n\n\n<p>Meanwhile, developers have used the 8th Wall Web-AR development platform to create over 50,000 experiences, including many for top-tier companies since 2018.<\/p>\n\n\n\n<p><em>Send your news to <a href=\"mailto:news@gamesround.com\">news@gamesround.com<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pok\u00e9mon Go developer Niantic revealed that it had acquired web-based augmented reality development platform 8th Wall. The financial details of the transaction were not disclosed. Niantic&#8217;s acquisition of 8th Wall is the company&#8217;s largest\u2014 with 34 people from 8th Wall&#8217;s workforce joining Niantic&#8217;s 900-strong team. Niantic states the acquisition expands the AR opportunity for creators [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":6073,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[1355,1354,1351,1350,971,321,1349,816,1352,1353],"_links":{"self":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/6072"}],"collection":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/comments?post=6072"}],"version-history":[{"count":7,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/6072\/revisions"}],"predecessor-version":[{"id":6080,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/posts\/6072\/revisions\/6080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media\/6073"}],"wp:attachment":[{"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/media?parent=6072"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/categories?post=6072"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gamesround.com\/blog\/wp-json\/wp\/v2\/tags?post=6072"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}