Sony and Epic Games furthered their collaboration, with Sony investing $250 million in the gaming company for a minority stake to continue a shared mission.
Sony has invested $250 in Epic Games, the creator of battle royale sensation Fortnite.
Both companies announced the move on July 9, and said that the investment will bring them closer together in their shared mission to “advance the state of the art in technology, entertainment, and socially connected online services.”
In May, Epic debuted its Unreal Engine 5 graphics on a PlayStation 5, so the companies have been working together for a while. The move makes sense for Sony, which is preparing to release its next-generation console and wants to be at the forefront of entertainment and technology, something that Fortnite has been able to do remarkably well.
Sony’s newest console is in direct competition with Microsoft’s Xbox Series X, so every deal it makes is important.
