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April 11, 2022 06:02 pm
Original Link: https://tech.slashdot.org/story/22/04/11/1726254/epic-games-lands-2-billion-as-sony-bets-on-its-metaverse?utm_source=rss1.0mainlinkanon&utm_medium=fee
Epic Games Lands $2 Billion As Sony Bets On Its Metaverse
No one wants to be left behind in the metaverse. From a report: Two more big companies tossed their hats -- or at least dollars -- into the metaverse ring on Monday, as North Carolina-based Epic Games announced a $2 billion investment that values it at $31.5 billion. Epic said the new funding will "advance the company's vision to build the metaverse and support its continued growth." Under terms of the agreement, both Sony and KIRKBI -- the family-owned holding and investment company behind The LEGO Group -- each invest $1 billion. Just last week, Epic and Lego announced a partnership in developing a "family-friendly" metaverse for kids.Read more of this story at Slashdot.
Original Link: https://tech.slashdot.org/story/22/04/11/1726254/epic-games-lands-2-billion-as-sony-bets-on-its-metaverse?utm_source=rss1.0mainlinkanon&utm_medium=fee
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