Epic Games was released on April 11th $ 2 billion in funding to develop the company’s vision by creating meta-integrity and maintaining its continuous growth.
The round includes investments from Sony Group Corporation, already in the company’s capital, as well as Kirkbi, a family-owned investment company that owns the Lego Group, each investing $ 1 billion. All three companies attach great importance to developers and gamers and seek to create new social entertainment that explores the connection between the digital and physical worlds. Epic continues to have only one class of ordinary shares and is controlled by CEO and Founder Tim Sweeney.
As an entertainment company, we are excited to invest in Epic to strengthen our relationship in the metaverse, a space where developers and consumers share their time.“
said Kenichiro YoshidaChairman, President and CEO of Sony Group Corporation.
“We are also confident that Epic’s experience, including a powerful gaming engine, combined with Sony technology will accelerate our various efforts, such as creating a new digital experience for sports fans and our virtual production initiatives.“
Epic Games is known for creating a playful and creative experience and empowering developers, young and old.“,
said Soren Thorup SorensenPDG de Kirkbi.
“Part of our investment is focused on trends that we believe will affect the world of the future in which we and our children will live. This investment will accelerate our commitment to the world of digital gaming, so we look forward to investing in Epic Games to support their continued growth path with a long-term focus on the meta-value of the future.“
In re-imagining the future of entertainment and gaming, we need partners to share our vision. We found this out in collaboration with Sony and Kirkbi.“,
said Timas SweeneyCEO and Founder of Epic Games.
“This investment will accelerate our work to create meta-value and create spaces where players can have fun with friends, brands can create a creative and engaging experience, and developers can build community and thrive.“
The cash value of Epic shares is $ 31.5 billion. The closure of an investment is subject to normal closing conditions, including regulatory approvals.
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