Commercial partner Sony reportedly acquired a 1.4% stake in the Fortnite developer through a deal that valued it at almost $17.9bn.
Consumer electronics and media group Sony Corporation agreed yesterday to invest $250m in US-based game developer Epic Games at a valuation reported by VentureBeat as nearly $17.9bn.
Epic has created a series of games based on its multiplayer first-person shooting game engine, Unreal Engine. The most popular is Fortnite, which had generated in excess of $4bn of revenue by the end of 2019.
Sony said that, in addition to investing in Epic, it is seeking to expand collaboration between the…
