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New Deal


Announced

Completed

Niantic completed the acquisition of NZXR.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

game developer

Software

Single Bidder

Private

Acquisition

augmented reality

Majority

AR studio

Cross Border

Friendly

New Zealand

Synopsis

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Niantic, an American software development company based in San Francisco, completed the acquisition of NZXR, an AR studio based in New Zealand. Financial terms were not disclosed. "NZXR shares this vision for how technology can positively impact our lives out in the physical world. They have created unique multiplayer AR experiences that blend the real and digital worlds for mobile phones, and AR headsets from Qualcomm and Magic Leap. The team has built dozens of experiences and supported projects ranging from interactive theater to AR skateboarding to multiplayer AR demos, and more," Niantic.

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