Sony Aquires ... Epic

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Started by kitler53, Jul 09, 2020, 06:51 PM

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kitler53


Update: Sony is acquiring a 1.4% stake in Epic, which means the deal values Epic Games at $17.86 billion

Tiny.  
Quote
Tencent, China's largest video game publisher, invested $330 million to acquire a 40 percent stake in Epic Games back in 2012. Tencent's large investment helped Epic reinvent itself as an industry powerhouse, supporting the creation of Epic's Unreal Engine 4 game development suite and the eventual launch of "Fortnite."Oct 9, 2019
I know fortnight was a huge success and they acquired a couple of studios but this seems like an overvaluation.   sony got screwed.



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