Sony acquires $250m stake in Epic Games, maker of Fortnite

Recent valuations of Epic put the company’s current worth at approximately $17bn, suggesting that Sony may have acquired somewhere in the region of 1.5% of the firm. Sony added in press release: “The investment allows Sony and Epic to aim to broaden their collaboration across Sony’s leading portfolio of entertainment assets and technology, and Epic’s social entertainment platform and digital ecosystem to create unique experiences for consumers and creators.”

Source: Sony acquires $250m stake in Epic Games, maker of Fortnite

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