Epic Games said on Monday it had raised $2bn from Sony Group Corp and the family owned holding company behind the Lego Group, valuing the “Fortnite” creator at $31.5bn.
Microsoft in January agreed to buy “Call of Duty” maker Activision Blizzard for $68.7bn, marking the biggest acquisition in the gaming sector and boosting the industry’s bet on the metaverse.
Epic Games has largely lost a trial last year over whether Apple’s payment rules for apps were anticompetitive. That decision found Apple had suitable reasons to force some app makers such as Epic to use its payment system and take commissions of 15% to 30% on their sales.
Read more: Reuters
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