![]() Jose Najarro, a contributing analyst at The Motley Fool who covers the tech and gaming industries, tells NPR the $2 billion investment "affirms that the metaverse has a future for the gaming community." He adds that it could also further Epic's game engine development: "Unreal Engine is a software tool to create and design video games, and could be an essential tool for creating the metaverse. Enter Techmeme snapshot date and time: Cancel Mediagazer memeorandum WeSmirch. More simply put, the partnership of Lego and Epic will "build a fun place for kids to play in the metaverse!" as Epic tweeted when it announced a partnership with Lego a few days ago. Reuters: Epic Games, which makes Fortnite, raises 2B from Sony and KIRKBI, the holding company behind LEGO, at a 31.5B post-money valuation. "This investment will accelerate our work to build the metaverse and create spaces where players can have fun with friends, brands can build creative and immersive experiences and creators can build a community and thrive," Sweeney says in a statement. ![]() Epic Games has announced a 2 billion investment in its metaverse development, with Sony contributing half of the funds. Epic Games Metaverse development receives a 2 billion investment. Today the company has some 40 offices around the world. Sony and The Lego Group collectively invest 2 billion in Epic Games Metaverse development. In addition to this, KIRKBI, the company behind LEGO, has invested 1bn in Epic as well. In addition to Fortnite, Epic developed the 3D game engine Unreal Engine. Sony currently includes a handful of exclusive Fortnite cosmetics as part of PlayStation Plus. KIRKBI and Sony each invested 1B at a 31.5B post-money equity valuation. Epic Games, the maker of Fortnite, has secured 2bn in new funding from Sony and the group behind the Lego franchise as leading global games companies race to build an avatar-filled. Epic Games, creators of the wildly popular video game Fortnite, just got a 2. Headquartered in Cary, N.C., Epic Games was founded by CEO Tim Sweeney in 1991. Epic Games Raises 2B for Metaverse from LEGO and Sony News Here's the full article text: Game studio and software firm Epic Games announced it raised 2B from KIRKBI, LEGO's holding company, and Sony. Epic, the creator of Fortnite, is getting investments of 1 billion each from Sony and the company that makes Lego. Sony and Kirkbi will each invest $1 billion in Epic. and Kirkbi, the family-owned company behind. ![]() and Kirkbi, the family-owned company behind The Lego Group. Epic Games, creators of the wildly popular video game Fortnite, just got a 2 billion investment from legacy entertainment giants Sony Group Corp. Rafael Henrique/SOPA Images/LightRocket/Getty ImagesĮpic Games, creators of the wildly popular video game Fortnite, just got a $2 billion investment from legacy entertainment giants Sony Group Corp. Epic, the creator of Fortnite, is getting investments of $1 billion each from Sony and the company that makes Lego. Epic Games, the video game publisher behind the popular PC and console game Fortnite, announced a 2 billion funding round with plans to accelerate the company’s vision to make its mark in the. ![]()
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