Technology
Fortnite creator Epic Games is now valued at $17.3 billion after blockbuster funding deal – CNBC
Epic said the deal included a $250 million strategic investment from Sony, which it announced last month.
Epic Games, the video game giant behind the hit title Fortnite, said Thursday that it was valued at $17.3 billion after a $1.78 billion funding deal.
The Cary, North Carolina-based firm said the investment came in the form of primary capital and secondary purchases, meaning some investors bought new shares while others bought stakes from existing shareholders. Epic said the investment included a $250 million strategic investment from Sony, which it announced last month.
Epic announced that a n…
-
General14 hours agoChristopher James McLoughney refused bail over alleged murder of Rhukaya Lake
-
Noosa News22 hours agoDo the Queensland government’s claims about the surgical waiting list stack up?
-
General21 hours agoRock climbers’ defiance grows over Mount Arapiles cultural site requests
-
Noosa News20 hours agoClean-up begins in south-east Queensland after homes, cars damaged by giant hailstones