Epic Games receives a new support of size since it is a giant in gaming : Sony.
© Epic Games
The PlayStation 5 has just been announced, and Sony continues his road quietly, announcing an investment of $ 250 million in Epic Games, the company behind Fortnite. Because of this, the japanese company made the acquisition of 1.4% of Epic Games, which is now worth nearly $ 18 billion. Epic Games owes mainly its success to Fortnite, which counts 350 million of players online.
It is in a press release that Sony has formalized this ” strategic investment “, according to the terms chosen by the firm. In the same statement, Kenichiro Yoshida, the CEO of Sony, said : ” Thanks to our investment, we will explore the possibilities of collaboration with Epic, to delight and provide value to consumers and the industry in general […] but also in the landscape of digital entertainment that is changing rapidly “.
From 1991 to 2020, the meteoric rise of Epic Games.
In the 90s, this is a small studio founded by Tim Sweeney wasn’t worth much. It was in 2012 that things began to change for Epic Games, where Tencent is the acquisition of 40% of the company. But the true success of Epic Games will take place only 6 years later, in 2018, when the explosion of Fortnite. The success of this video game is such, that it has literally broken the codes becoming much more than a game.
Last year, Fortnite has brought in more than $ 1.8 billion to Epic Games who want to remain independent. Despite this decision, Epic Games does not on itself and remains open to opportunities like these, or even with artists like Travis Scott, who has been able to inaugurate the first concert on Fortnite, bringing together tens of millions of spectators. Of course, Fortnite is the rare gem of Epic Games, however the studio has much more. Sony is particularly interested in software Unreal Engine developed by Tim Sweeney and his teams since 1998. In addition, the Epic Games Store becomes more popular and another game the heyday of the studio, it is simply a matter of Rocket League.
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