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Friday, 10 July 2020

Sony invests $250M in Epic Games, creator of Fortnite and Unreal Engine

Sony has announced it has invested $250 million in Epic Games, the developer and distributor of the popular game Fortnite, which is also the creator of Unreal Engine. In a statement, the Japanese company has revealed it now owns a 1.4% stake of Epic, and the deal will lead to building “a more open and accessible digital ecosystem for all consumers and content creators”. Epic Games has remained impartial to cross-platform technology, but analysts predict that Sony might get an edge in the upcoming battle of PS5 vs Xbox Series X. Sony CEO Kenichiro Yoshida said Epic’s technology keeps it...



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