Epic Games has purchased the social video chat app provider in a deal that enabled Comcast, Broadway Video, Universal Music Group, William Morris Endeavor, UTA and CAA to exit.
Video game developer Epic Games has purchased US-based social video platform operator Houseparty for an undisclosed amount, allowing several corporates to exit.
Founded in 2016, Houseparty provides mobile and online apps that enable several users to conduct group video chats with each other. Its apps are able to run on iPhones, Android devices, Chrome browsers and Mac products.
Tim Sweeney, founder and chief executive of Epic Games, said: “Houseparty brings people together, creating positive social interactions in real time. By…
