About Sony Corporation.
Sony Corporation is a creative home entertainment company with a strong foundation of innovation. From game and network services to music, photos, electronics, semiconductors and financial services – Sonys function is to fill the world with emotion through the power of imagination and technology. For more information, go to: http://www.sony.net/
” Epics powerful innovation in areas such as graphics positions them at the leading edge of video game engine advancement with Unreal Engine and other innovations. Theres no better example of this than the innovative home entertainment experience, Fortnite. Through our investment, we will check out chances for more cooperation with Epic to delight and bring value to customers and the industry at big, not only in video games, but also throughout the quickly evolving digital entertainment landscape,” said Kenichiro Yoshida, Chairman, President and CEO, Sony Corporation
TOKYO & & CARY, N.C.–( ORGANIZATION WIRE)– Sony Corporation (” Sony”) and Impressive Games, Inc. (” Impressive”) are happy to announce that Sony has agreed to make a strategic financial investment of $250 million to get a minority interest in Epic through a wholly-owned subsidiary of Sony. The investment cements an already close relationship between the 2 companies and enhances the shared objective to advance the cutting-edge in innovation, home entertainment, and socially-connected online services.
” Sony and Epic have actually both developed businesses at the crossway of creativity and technology, and we share a vision of real-time 3D social experiences causing a merging of music, gaming, and film. Together we strive to construct a lot more accessible and open digital environment for all consumers and content developers alike,” said Tim Sweeney, Founder and CEO of Epic.
The investment permits Sony and Epic to intend to expand their collaboration throughout Sonys leading portfolio of home entertainment assets and innovation, and Epics social entertainment platform and digital community to produce special experiences for consumers and creators. The closing of the financial investment is subject to popular closing conditions, including regulatory approvals.
About Epic Games
Established in 1991, Epic Games (epicgames.com) is a leading interactive entertainment business and service provider of 3D engine technology.
Established in 1991, Epic Games (epicgames.com) is a leading interactive entertainment business and company of 3D engine technology. Impressive operates Fortnite, the worlds biggest video game with over 350 million accounts and 2.5 billion pal connections. Legendary likewise establishes Unreal Engine, which powers the worlds leading video games and is being adopted throughout industries such as movie and tv, architecture, automotive, and producing for visualization and simulation. Legendary has over 2,200 employees across 35 workplaces worldwide with head office in Cary, North Carolina. Follow @EpicGames for updates.
” Epics powerful innovation in locations such as graphics places them at the leading edge of game engine development with Unreal Engine and other innovations. Through our financial investment, we will check out opportunities for more partnership with Epic to delight and bring worth to customers and the market at big, not just in video games, however also throughout the quickly progressing digital entertainment landscape,” said Kenichiro Yoshida, Chairman, President and CEO, Sony Corporation
