Epic Games gets an additional billion dollars from Sony, Kirkbi (LEGO) also in the game

business news Epic Games gets an additional billion dollars from Sony, Kirkbi (LEGO) also in the game

Today Epic Games announces that it has raised two billion dollars. Sony is investing in the company behind Fortnite and the Unreal Engine 5 for the third time and has put significantly more in the bag than in previous times.

summary

  • Raised $2 billion
  • Never two without three

Raised $2 billion

In a statement released today, Epic Games announced that it has completed a fundraiser to further its Metaverse building idea and support its continued growth. A $2 billion fundraiser, Sony decided to invest $1 billion on its side. An operation being emulated by the Kirkby Group, the house behind the Lego Group. Tim Sweeney, head of Epic Games (behind Fortnite but also Unreal Engine 5), sees this fundraiser as a future benefit for players:

As we reinvent the future of entertainment and gaming, we need partners who share our vision. That’s what we found out at Sony and Kirkbi. This investment will accelerate our work to build the metaverse and create spaces where players can have fun with their friends, where brands can create immersive experiences, and where developers can build their community.

Never two without three

In this regard, Sony is not investing in Epic Games for the first time, but for the third time. In July 2020, the Japanese group made a $250 million investment. An operation repeated in April 2021 that generated $200 million. Two sums to which is added the billion dollars invested by Sony today. An initiative that Sony CEO Kenichiro Yoshida says should be a win-win:

As an entertainment company, we’re excited to invest in Epic to deepen our relationship in the metaverse, a place where creators and users spend time together. We also rely on Epic’s expertise, including the game engine, which combined with Sony’s technologies will accelerate our various efforts such as the development of new digital experiences.

Statements honoring Epic’s work on the Unreal Engine, the fifth iteration of which appeared in late 2021. A technique that has amazed more than one studio: CD Projekt has announced that it will develop its next game The Witcher using the Unreal Engine 5, while Square Enix seems to have made a similar choice for Kingdom Hearts 4.

Of Charlan MhgWrite to jeuxvideo.com

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