2020-07-12T18:30:02+00:00

Epic Games receives $250 million Investment from Sony

Epic Games Logo Credit: Epic Games (Public Domain)

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.

Sources: Content Sources

Source: venturebeat.com

Source: sony.net

Source: The Verge

Image Source

Epic Games (Public Domain)

Pentributor:

Érico Andrei

@ericof

Co-founder of Pendect, passionate about open source and knowledge sharing. Made in Mooca.

Card reviewed by: @christoph

Categorization:

Organizations & Institutions

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