Gaming

Sony picks up a minority stake in Epic Games for $250 million



In a strategic move, Sony has announced that it will invest $250 million and acquire a minority stake in Epic Games, the company behind the highly popular games like Gears of War and Fortnite. While both the companies had been working closely together in the past, this deal is aimed at expanding their collaboration further.

Both Sony and Epic Games are major forces on their own when it comes to the gaming industry. Sony has an impressive portfolio of gaming hardware like PlayStation consoles, including the upcoming PlayStation 5, some exclusive game titles and a cloud gaming service known as PlayStation Now.



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