• Thu. Apr 25th ,2024

Fortnite developer Epic Games acquires Fall Guys creator Mediatonic

rini

By   Rini Dalvi

Date: Mar 04, 2021
samsungs-ekg-equipped-galaxy-watch-devices-to-enter-31-more-countries

Leading video game developer, Epic Games, who created Fortnite has reportedly announced the acquisition of Mediatonic, the development studio behind Fall Guys, one of the most famous live-service games of 2020. As of now, the companies have not disclosed the details of the agreement. However, they have confirmed that the game won’t change for current players on PlayStation or PC or on Xbox and Nintendo Switch.

Commenting on the deal, Dave Bailey, chief executive of Tonic Games Group has stated that the company is thrilled to collaborate with Epic Games as the latter shares with it the goal of developing and supporting games that can create a positive impact, are able to empower others, and can sustain over time.

Acknowledging this partnership, Paul Croft, chief games officer of Tonic Games Group stated that beyond the shared vision, the group sees huge potential in its alliance with Epic. Whether it is about enhancing their own games or helping other developers in taking their content ideas towards commercial success, the group believes that by working together both the companies can attain great heights, Croft added.

According to reliable sources, the Mediatonic deal fits into Epic’s strategy of securing dominance in the field of gaming. Fortnite, which has been a great hit, is continuously drawing new players as well as bringing back current players to spend money. The company lays great importance on this business model which had encouraged it to acquire Rocket League developer Psyonix earlier. Now, it is apparently following the same approach in case of Mediatonic and Fall Guys.

Meanwhile, Tim Sweeney, chief executive officer of Epic Games has stated that this deal is part of the company’s efforts of creating an online world for players which will allow them to express themselves and play together.

Sweeney further stated that it is well known in the industry that Epic is dedicated towards building the metaverse, and Tonic Games Group shares this goal. As the company is working for this goal, it requires great creative talent that can help it in building powerful content, games and experiences.

Source credit: https://venturebeat.com/2021/03/02/fortnite-developer-epic-buys-fall-guys-studio-mediatonic/

rini

Rini Dalvi

Rini is a professional content writer with immense experience, and has written some fantastic technical and entertainment blogs. She completed her graduation in IT engineering, however, her zeal for writing engaging articles made her pick content development as a full-time career. She currently pens down articles for littlesaigoncollective.com Her other interests include reading, dancing, and cooking.

Related Post

Bank of Korea begins second-phase testing of CBDC on Samsung devices

Date: Mar 04, 2021 Rini Dalvi

Amazon’s fashion store to use algorithms that curate customer outfits

Date: Mar 04, 2021 Rini Dalvi

Samsung and Vodafone launch first 5G open RAN site in the UK

Date: Mar 04, 2021 Rini Dalvi