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Sony Just Invested $250 Million in Epic Games, Here’s What it Could Mean for VR and Beyond

Road to VR

Sony Corporation announced today that it will invest $250 million in Epic Games, the company well known for its hit game Fortnite and the Unreal Engine game engine that powers it. Unreal Engine is the second most popular game engine for building VR content, and has powered PSVR games like Farpoint , Moss ,and Firewall: Zero Hour.

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Epic Floated the Idea of Building a Launch Title for Sony’s Next VR Headset

Road to VR

Epic Games, the creators of Unreal Engine, said it would consider building a launch title for Sony’s “next VR platform” during negotiations about Fortnite cross-play on PlayStation in 2018. And though Epic hasn’t made any VR games since then, it seems that in 2018 it was still ready and willing.

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Top XR Events in 2021 That Should Be on Your Must-Attend List

ARPost

Some of the exhibitors who will present new devices and technologies to the public are 8th Wall, Nreal, Unity, Unreal Engine, Pico Interactive, Atheer, Holoptic, Varjo, Cleanbox Technology, LetinAR, and Vuzix. Mikey Trujillo – Project Manager at Marvel Entertainment, LLC. See Also: The Future of XR’s Remote Events in the New Normal.

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The XR Week Peek (2024.05.14): New rumors on the Vision Pro 2, Ultraleap Hyperion, and much more!

The Ghost Howls

Chinese manufacturers BOE and SeeYA may provide cheaper displays in higher quantities than Sony is doing now, while Samsung may be supplying the DRAM components. The second is that “mistaken model of the strategic motivations”, which seems to aim at the fact that Meta has a clear strategy that is not (only) about data mining this time.

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Metaverse Standards Forum to Unite XR Leaders

XR Today - Mixed Reality tag

” According to Epic Games’ Vice-President of Unreal Engine, Marc Petit , his enterprise’s goal was to build an open metaverse that “enriches humanity and is home to a thriving, fair ecosystem.”

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Improbable Showcases Large-Scale Metaverse Tech

XR Today - Mixed Reality tag

The enterprise also launched its end-to-end metaverse strategy late last year, leading to improved financial profiles. billion acquisition in late January, and Sony bought out Halo creators Bungie for a respective $3.6 billion, just after striking a major deal with Epic Games’ Unreal Engine.

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Bizzlogic Fully Launches Meadow Enterprise Metaverse

XR Today - Mixed Reality tag

” Multiple companies have used the Meadow enterprise metaverse for events, including Sony, Proctor & Gamble (P&G), Siemens, BMW, Carrefour, SAP, and many others. Finally, Meadow taps Creativity with Epic Games ‘ Unreal Engine 5 (UE5) to deliver stellar photorealistic environments, visuals, and real-time 3D (RT3D) assets.