Technology • Games

Epic Games receives $250 million Investment from Sony

Sony has invested $250 million for a 1.4% stake in Epic Games. With the new investment, the developer behind Fortnite and the Epic Games Store has raised $1.83 billion to date and it is valued at $17.68 billion.

"The investment cements an already close relationship between the two companies and reinforces the shared mission to advance the state of the art in technology, entertainment, and socially-connected online services," stated Sony, in a press release.

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