Sony announces investment of $250 million in Epic Games and acquisition of a portion for this reason..!
Sony announces a $250 million investment in Epic Games and acquisition of a portion
In the world of gaming, nothing is impossible, as evidenced by the historic collaboration between Microsoft and Sony in the past. Today, we have another significant collaboration announced by Sony Corporation and Epic Games for a long-term partnership.
Sony Corporation, a Japanese company, has decided to invest around $250 million, which represents 1.8% of Epic Games’ estimated value of $18 billion. This investment aims to expand cooperation between the two companies on leading entertainment products from Sony and Epic’s entertainment platform and digital system.
This collaboration is expected to go beyond what is currently announced and may evolve in the coming years, especially considering Sony’s financial liquidity that allows them to acquire more shares in the future and further penetrate into Epic Games. Epic Games has welcomed this partnership and looks forward to a successful collaboration with Sony on both a short and medium-term basis.
This investment further reinforces the significance of the unveiling of the Unreal Engine 5 through the upcoming PlayStation 5, as it is not just a choice by Epic, but part of an agreement. So far, there is no clear explanation for Sony’s sudden investment in Epic, and we hope to receive more answers in the following years. Best regards.
