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Sony Invests $250 Million In Epic Games

One year ago   |   By Game Informer

The Sony Corporation has agreed to make a strategic investment of $250 million to acquire a minority interest in Epic Games. The strategic investment is aimed at broadening the collaboration between Epic Games with its entertainment platform and digital ecosystem, and Sony with its portfolio of entertainment and technology.
Epic Games is not only known as the developer of the wildly popular Fortnite, but also the owner of the Epic Games Store. However, perhaps most beneficial to companies wanting to collaborate with Epic is Unreal Engine, a powerful real-time 3D creation platform. In...
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Sony Invested $250 Million For a Minority Stake in Fortnite Developer Epic Games

Sony Invested $250 Million For a Minority Stake in Fortnite Developer Epic Games

One year ago   |   By PlayStation LifeStyle

Sony and Epic have been working closely together on development of both the PlayStation 5 console and the Unreal Engine 5, but Sony has now invested money into that partnership. A report indicates that Sony has invested $250 million into Epic Games for a minority stake in the company-1.4% according to GamesBeat , which values Epic at $17.86 billion. It's important to note that this is not a controlling share. Sony has not purchased or acquired Epic Games, but this does cement a firm partnership between the two companies leading into the next generation of consoles.
Back in May, Epic Games...
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Sony invests $250 million in Epic Games for Minority Stake

Sony invests $250 million in Epic Games for Minority Stake

One year ago   |   By VG Chartz

Sony announced it has invested $250 million in Fortnite and Unreal Engine maker, Epic Games, for a minority stake. With this latest amount of money, Epic Games has now raised $1.83 billion.
The two companies say the investment will help "broaden their collaboration" and "cements an already close relationship." Both have a shared goal to advance technology, entertainment and socially connected online services.
In May of this year Epic Games first showcased Unreal Engine 5 with a tech demo running on a PlayStation 5. It should be noted, Unreal Engine 5 will be supported on other platforms...
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Sony has invested $250 million for a minority stake in Epic Games

One year ago   |   By VG 247

Sony and Epic Games announced today that the PlayStation maker has invested $250 million in the Fortnite company for a minority stake. According to the announcement, the minority stake purchased in Epic Games by Sony aims to “broaden their collaboration” and cement the already “close relationship between the two companies.” The statement says the investment reinforced the companies' “shared mission to advance the state of the art in technology, entertainment, and socially-connected online services.” “Epic's powerful technology in areas such as graphics places them at the forefront of game...
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Sony Corporation invests $250 million in Epic Games to acquire minority interest

One year ago   |   By Gematsu

Sony Corporation has made a “strategic investment” of $250 million to acquire a minority interest in Epic Games through a wholly-owned subsidiary of Sony, the companies announced. The investment cements an already close relationship between Sony Corporation and Epic Games, and reinforces their shared mission to advance “state of the art in technology, entertainment, and...
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