Sony invests in Epic Games with focus on the metaverse

Sony invests in Epic Games with focus on the metaverse Epic Games has declared that both Sony and Kirkbi – the holding organization behind The Lego Group – have invested intensely in the Fortnite engineer.

In an official statement from today (April 11), Epic Games affirmed that both Kirkbi and Sony have invested around £768million ($1billion USD) in the organization, with Sony previously being an existing investor.

Every one of the three organizations are aiming to make a “new [piece of] social entertainment” that will be a “association among computerized and actual universes” through the metaverse.

Sony president and CEO Kenichiro Yoshida said: “As an imaginative entertainment organization, we are excited to invest in Epic to develop our relationship in the metaverse field, a space where makers and clients share their time.”

Kirkbi CEO Søren Thorup Sørensen added: “This investment will speed up our commitment in the realm of computerized play, and we are satisfied to put resources into Epic Games to help their continued development venture, with a drawn out focus toward the future metaverse.”

Epic Games and The Lego Group as of late reported a joint computer game venture, where the two of them will assemble “a spot for youngsters to play in the metaverse”. The “family-accommodating advanced insight” will draw in youngsters as makers and be planned in a manner to protect them as they play.

Epic’s post-cash value valuation is as of now £24.1billion ($31.5billion), meaning these new investments from both Sony and Kirkbi represent around six percent of Epic Games’ present worth.

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