Sony and KIRKBI, the company that controls the LEGO Group, have invested $ 1 billion each in Epic Games to build the metaverse.
Sony continues to invest in Epic Games , with a new $ 1 billion injection into Tim Sweeney’s company by the Japanese company, in a total of $ 2 billion that also includes support from KIRKBI, a company that controls The LEGO Group. .
Both companies have therefore invested 1 billion each in Epic Games, within a new capital increase maneuver that seems to aim at the construction of the metaverse , as reported by the Epic press release, and at the support for the growth of the company.
“All three companies hold in high regard the value of creators and players, aiming to create a new social entertainment that explores the connection between digital and physical worlds “, reads the release from Epic Games, which in every case continues to be controlled by its CEO and founder, Tim Sweeney.
“As a creative entertainment company, we are excited to invest in Epic Games and deepen our relationship in the metaverse field, a space where creators and users share their time,” said Kenichiro Yoshida, Chairman, President and CEO. by Sony Group Corporation.
“We are also confident that Epic’s experience, including its powerful video game engine, named with Sony technologies, will accelerate various efforts in various fields such as new digital entertainment experiences and virtual reality production initiatives.”
“This investment will accelerate our work of building the metaverse and creating spaces where players can have fun with friends and where brands can create creative and engaging experiences,” said Tim Sweeney of Epic Games for his part.
Therefore, the partnership already started between Sony and Epic Games is strengthened , with influences that can be various. The press release remains rather vague but the insistence on the metaverse is evident, as is the mention of virtual reality and the possible use of Unreal Engine 5 in various areas. It should be noted that Sony Group is referred to as the head of the investment and the partnership, therefore not only the PlayStation division , which expands the collaboration beyond the single field of video games.