Epic Games Receives Strategic Investment from Sony Corporation
TOKYO and CARY, N.C. (July 9, 2020) -- Sony Corporation (“Sony”) and Epic Games, Inc. (“Epic”) are pleased to announce that Sony has agreed to make a strategic investment of $250 million to acquire a minority interest in Epic through a wholly-owned subsidiary of Sony. The investment cements an already close relationship between the two companies and reinforces the shared mission to advance the state of the art in technology, entertainment, and socially-connected online services.
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. The closing of the investment is subject to customary closing conditions, including regulatory approvals.
Access full press release: https://www.sony.net/SonyInfo/News/Press/202007/20-0710E/
For further information: Corporate Communications Department Sony Corporation Sony.Prhq@jp.sony.com