The deal, which is subject to customary closing conditions, would value. The deal with KIRKBI was foreshadowed last week, when Lego and Epic announced plans to create an “immersive, creatively inspiring and engaging digital experience” for kids and families. Sony and Kirkbi, the family owned investment firm behind Lego, are investing 2 billion in Fortnite maker Epic Games. Epic Games announced a 2 billion round of funding, with existing investor Sony Group Corporation as well as KIRKBI, the family-owned holding and investment company behind The LEGO Group, each investing 1 billion. “We are also confident that Epic’s expertise, including their powerful game engine, combined with Sony’s technologies, will accelerate our various efforts such as the development of new digital fan experiences in sports and our virtual production initiatives.” “As a creative entertainment company, we are thrilled to invest in Epic to deepen our relationship in the metaverse field, a space where creators and users share their time.” said Kenichiro Yoshida, chairman, president and CEO of Sony Group Corp., in a statement. Fortnite creators Epic Games raise 2B from Sony and LEGO to fund metaverse plans Ornella Hernández Fortnite creators Epic Games raise 2B from Sony and LEGO to. As it works to turn a former shopping mall into its new headquarters, Cary-based Epic Games is adding another 2 billion to its coffers, bringing its valuation to 31.5 billion a situation.
KIRKBI and Sony each invested 1B at a 31.5B post-money equity valuation.
EPIC FORTNITE 2B SONY LEGO 31.5B SOFTWARE
In trial, a judge ruled that Apple was OK to charge a commission, but found that the tech giant’s anti-steering rule (which said that companies like Epic couldn’t direct users to their website to pay for a subscription or content) was inappropriate. Game studio and software firm Epic Games announced it raised 2B from KIRKBI, LEGO's holding company, and Sony. Epic Games, the video game publisher behind the popular PC and console game Fortnite, announced a 2 billion funding round with plans to accelerate the company’s vision to make its mark in the.
The gaming company argued that Apple’s 30 percent cut of purchases was monopolistic. The company has also been on the hunt for acquisitions, most recently the music and artist community platform Bandcamp, just last month.īut it has also faced public scrutiny, driven by its antitrust lawsuit against Apple. Sony, Lego invest 2B in 'Fortnite' maker Epic Games Pitchbook Apat 1:00 AM 1 min read Epic Games has raised 2 billion from Lego owner Kirkbi Invest and Sony as the. “This investment will accelerate our work to build the metaverse and create spaces where players can have fun with friends, brands can build creative and immersive experiences and creators can build a community and thrive,” said Sweeney in announcing the deal.Įpic has seen record-smashing growth in recent years, driven by Fortnite and the continued expansion of Unreal. Epic Games, creators of the wildly popular video game Fortnite, just got a 2. WWE Stunner: Vince McMahon Says He Plans to Rejoin Board of Directors as Company Pursues Possible Sale Epic, the creator of Fortnite, is getting investments of 1 billion each from Sony and the company that makes Lego.
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