Owner of Sony and LEGO invests 2,000 million dollars in Epic Games

Sony Group Corporation and Kirkbi, the investment and holding company behind Lego, have invested $ 1 billion each in Epic Games for a total of $ 2 billion round financing, Epic Games announced today. The purpose declared behind the investment is "to advance in the company's vision to build metaverse and support its continuous growth." The announcement indicates that the three companies are dedicated to "exploring the connection between the digital and physical worlds". It remains to be seen how it looks functionally.

"As we reimagine the future of entertainment and the game, we need partners that share our vision. We have found this in our association with Sony and Kirkbi, "said Tim Sweeney, executive director and founder of Epic Games, as part of the announcement. "This investment will accelerate our work to build metaverse and create spaces where players can have fun with friends, brands can create creative and immersive experiences and creators can build a community and prosper."

According to Epic Games, the company continues to have only a class of ordinary shares in circulation and is still controlled by Sweeney. After investment, the capital assessment of Epic Games' money is $ 31.5 billion, although the closure is still subject to all regulatory closing conditions and regulatory approvals.

«As a creative entertainment company, we are delighted to invest in EPIC to deepen our relationship in the field of metaverse, a space where the creators and users share their time," said Kenichiro Yoshida, President and Executive Director of Sony Group Corporation, as Part of the same ad. "We also trust that Epic's experience, including its powerful game engine, combined with Sony's technologies, will accelerate our various efforts, such as the development of new digital experiences for sports fans and our virtual production initiatives."

«Epic Games is known to create fun and creative experiences and empower large and small creators," said Søren Thorup Sørensen, Executive Director of Kirkbi, as part of the same announcement. "A part of our investments focuses on the trends we believe that they will have an impact on the future world in which we will live and our children. This investment will accelerate our participation in the world of the digital game, and we are pleased to invest in Epic Games to support your continuous growth trip, with a long-term approach to the future metaverse ».

Sony Just gave a BILLION DOLLARS to Epic Games to Help PLAYSTATION?

The news of $ 2 billion investment arrives after Epic Games announced a long-term association with The Lego Group last week. The objective of that association when it was announced was to do "the future of the metaverse to be safe and fun for children and families."

What do you think about Sony Group Corporation and Kirkbi invest a billion dollars each at Epic Games? Are you excited to know what will be the real vision of Epic Games for metaverse? Let us know in the comments, or feel free to communicate and contact me directly on Twitter in @rollinbishop to talk about everything related to games!

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