Sony takes $250M stake in 'Fortnite' maker Epic Games

Sony Interactive Entertainment Inc. is investing $250 million for a minority stake in "Fortnite" developer Epic Games Inc. The companies said the deal cements an already close relationship and reinforces their shared mission to “advance the state of the art” in technology, entertainment and socially connected online services. The investment also allows Sony Interactive Entertainment, a unit of Tokyo-based Sony Corp., and Cary-based Epic Games to broaden their collaboration across Sony’s portfolio…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2020/07/14/sony-takes-250m-stake-in-fortnite-maker-epic-games.html?ana=RSS&s=article_search