Epic, the developer of Fortnite, gets $2 billion to develop metaverses
Epic Games, the company that develops the famous Fortnite game, announced that it has obtained a new investment of $ 2 billion, an investment that raises the value of the American company, which is engaged in a legal dispute with Apple, to $ 31.5 billion, with the aim of supporting Epic’s efforts to develop Its vision is to build metaverses and support continued growth.
The new investment in Epic comes from Sony and the owner of the LEGO Group
The new investment in Epic comes from Sony Corporation worth $1 billion, which is one of the previous investors in the company, as well as $1 billion from KIRKBI, an investment group run by the Kirk Christiansen family and owner of the LEGO group. Last week, we announced a partnership to build a family-friendly experience in the metaverse.
And Facebook, through its founder Mark Zuckerberg, had started publishing the concept of metaverse earlier last year 2021, which prompted it to change the name of the company to meta in preparation for the post-smartphone stage, but the mysterious concept is not linked to Facebook only, as it expresses virtual worlds. Users can interact with it across a variety of devices, and Epic is one of the biggest supporters of the idea through its famous game Fortnite and its game development engine Unreal Engine, and in addition to investing in Epic Games, Sony acquired Destiny developer Bungee earlier this year .
While Epic provides through the Fortnite game closer experiences to the world of Metaverse, such as virtual events that include concerts by famous artists and others, the company’s plans for the Metaverse world and the plans of other companies are not yet clear to users.
Meta, the parent company of Facebook and Microsoft, along with game development companies such as Epic and Roblox games, are among the main contenders to develop Metaverse experiences, as Microsoft previously announced plans related to visualization for users of the Microsoft Teams meeting application, and recently acquired Activision Blizzard for $ 68.7 billion in a deal She's her biggest ever