Sony Has Acquired A $250 Million Stake In FORTNITE Developer Epic Games

Sony Has Acquired A $250 Million Stake In FORTNITE Developer Epic Games

Sony has announced that they have acquired a $250 million stake in Epic Games, creators of the insanely popular Fortnite series; don't worry, though, since Epic Games will still develop for other platforms.

Sony and Epic Games hve announced a very important partnership, as they reveal that the former has acquired a $250 million stake in the creator of the popular Fortnite series, in what has been revealed to be a strategic investment that will benefit both parties involved. 

This new partnership has been said to cement "an already close relationship" between Sony and Epic Games, and will also reinforce their "shared mission to advance the state of the art in technology, entertainment, and socially connected online services."

For those worried about this new partnership giving exclusivity to Sony, don't be. According to the information revealed, Epic Games will still be able to develop and publish their games on other platforms; Sony has only acquired a minor stake in Epic Games.

"Epic's 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," reads a statement issued by President and CEO of Sony Corporation Kenichiro Yoshida.

Many will remember the reveal of the Epic Games-developed Unreal Engine 5 back in May of this year, in which we saw a demo called "Lumen in the Land of Nanite" — which, as the name appropriately suggests, shows off the new Lumen and Nanite technology used by the video game engine — running on the PlayStation 5; making players wonder why they chose Sony's platform to unveil the engine; now we know.

"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," stated Yoshida.

Founder and CEO of Epic Games Tim Sweeny also issued a statement on this new partnership between both companies, revealing that "Sony and Epic have both built businesses at the intersection of creativity and technology, and we share a vision of real-time 3D social experiences leading to a convergence of gaming, film, and music. Together we strive to build an even more open and accessible digital ecosystem for all consumers and content creators alike."

By the looks of it, this partnership will be beneficial for both Sony and Epic Games, without affecting neither development nor publishing of Epic Games-produced titles on other platforms. It is a win-win no matter how we look at it, and it is players the ones who'll benefit the most out of this.

DISCLAIMER: GameFragger.com is protected under the DMCA (Digital Millenium Copyright Act) and... [MORE]
Related Headlines
PlayStation Now Adds MARVEL'S AVENGERS And BORDERLANDS 3 To Sony's Subscription Gaming Service

PlayStation Now Adds MARVEL'S AVENGERS And BORDERLANDS 3 To Sony's Subscription Gaming Service

Marvel's Avengers and Borderlands 3 headline April's lineup of games headed to PlayStation Now, Sony's cloud gaming subscription service. Check out the details below!
GRAN TURISMO Championship Returns With Online Format For 2021

GRAN TURISMO Championship Returns With Online Format For 2021

The FIA certified Gran Turismo Championships will return later this year. Here is more information on the new online format, developments and technologies of the racing game.
The KINGDOM HEARTS Franchise Will Be Playable Through The EPIC GAMES Store

The KINGDOM HEARTS Franchise Will Be Playable Through The EPIC GAMES Store

During The Epic Games Spring Showcase, it has been announced that the Kingdom Hearts series will be playable on PC through the Epic Games store! Hit the jump for the full details!
Latest Headlines
MARVEL FUTURE FIGHT: A Brand New Event Is Here To Celebrate Its Sixth Anniversary

MARVEL FUTURE FIGHT: A Brand New Event Is Here To Celebrate Its Sixth Anniversary

Netmarble's MARVEL Future Fight is gearing up for its sixth anniversary with a brand new event. Hit the jump for more information.
OUTRIDERS Community Appreciation Package Being Sent Out As Apology For Launch Issues

OUTRIDERS Community Appreciation Package Being Sent Out As Apology For Launch Issues

As a thank you to the community for sticking around through the server launch issues for Outriders, developer People Can Fly are offering to send out a Community Appreciation Package of digital gifts.
BLIZZARD Celebrates 30th Anniversary With Limited Release From the Vault Series

BLIZZARD Celebrates 30th Anniversary With Limited Release "From the Vault" Series

Blizzard's all-new limited release series "From the Vault" kicks off today with new World of Warcraft items including statues and concept art!
MARVEL CONTEST OF CHAMPIONS: Two New Characters Are Joining The Mobile Fighting Game

MARVEL CONTEST OF CHAMPIONS: Two New Characters Are Joining The Mobile Fighting Game

MARVEL Contest of Champions is bringing in two new and completely original fighters. Hit the jump to see who is joining the contest.
DC UNIVERSE ONLINE World Of Flashpoint Free Expansion Arrives April 15

DC UNIVERSE ONLINE "World Of Flashpoint" Free Expansion Arrives April 15

DC Universe Online's next expansion is inspired by the events of DC's Flashpoint storyline. "World of Flashpoint" arrives on April 15 and will be free for everyone. Hit the jump for more details!
PlayStation Now Adds MARVEL'S AVENGERS And BORDERLANDS 3 To Sony's Subscription Gaming Service

PlayStation Now Adds MARVEL'S AVENGERS And BORDERLANDS 3 To Sony's Subscription Gaming Service

Marvel's Avengers and Borderlands 3 headline April's lineup of games headed to PlayStation Now, Sony's cloud gaming subscription service. Check out the details below!