Sony adds $1 bil. to Epic Games investment

Jiji Press

11:46 JST, April 13, 2022

SILICON VALLEY (Jiji Press) — Sony Group Corp. has invested an additional $1 billion in Epic Games Inc., the developer of megahit online game “Fortnite,” the U.S. company said Monday.

Epic also said it has received funding of $1 billion from Kirkbi, the family-owned holding company behind the Lego Group of Denmark, as well.

Through the investments, the three firms hope to deepen cooperation on the development of “metaverse” virtual reality platforms.

Sony Group’s latest investment in Epic came after the Japanese firm invested in the U.S. game developer in 2020 and again in 2021.