Sony Invests $250M in Epic Games
July 10, 2020
has agreed to make a strategic investment of $250 million to acquire a minority
interest in Epic through a wholly-owned subsidiary of Sony. 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.
powerful technology in areas such as graphics places them at the forefront of
game engine development with Unreal Engine and other innovations. There’s no
better example of this than the revolutionary entertainment experience, Fortnite.
Through our investment, we will explore opportunities for further collaboration
with Epic to delight and bring value to consumers and the industry at large, not
only in games, but also across the rapidly evolving digital entertainment
landscape,” said Kenichiro Yoshida, Chairman, President and CEO, Sony