Sony invests $250M in Epic Games, creator of Fortnite and Unreal Engine
Sony has announced it has invested $250 million in Epic Games, the developer and distributor of the popular game Fortnite, which is also the creator of Unreal Engine. In a statement, the Japanese company has revealed it now owns a 1.4% stake of Epic, and the deal will lead to building “a more open and accessible digital ecosystem for all consumers and content creators”.
Epic Games has remained impartial to cross-platform technology, but analysts predict that Sony might get an edge in the upcoming battle of PS5 vs Xbox Series X. Sony CEO Kenichiro Yoshida said Epic’s technology keeps it “at the forefront of game development” and that is best seen in the features of Fortnite.
Unreal Engine is also a key part of the gaming industry, being a fundamental toolset for building many popular games.
Epic CEO Tim Sweeney also said that both companies “have created businesses at the intersection of creativity and technology and they share a vision of real-time 3D social experiences”. This is obviously a nod to the Fortnite live concerts that took place earlier this year and Sony might be able to bring some of its know-how and users to the universe of the popular game.
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Reader comments
- Andreidinutu
- 13 Jul 2020
- mEA
I can't reply to the whole message now, will do later but right now I wanna say one thing: I did not say lives are wasted just like that *poof* if you play one game of fortnite, let's say 2 per day, but if you play 20 per day, everyday, the...
- Real.Talk
- 13 Jul 2020
- 3Zy
2 years ago means you played between season 1-3 which also means the game was at its infancy with plenty of glitches and hackers were widely present and that might be why you had the situation you had. Even though you may think that was unfair, I&#...
- Andreidinutu
- 13 Jul 2020
- mEA
Easy. 2 years ago I wasted 20 mins of my life playing that game. I got a minigun, golf cart and missle launcher. When there were 5 left, I went into the safezone and someone shot me and it launched me like a rocket into the air, I exited the golf car...
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