Wednesday, June 20, 2012

EPIC Games Sells Stake to Chinese



Jokes aside, EPIC Games (because it’s that much cooler to type EPIC in all caps) has been searching for investors for years. As the maker of games such as Gears of War and creating the Unreal Engine, the investment from Tencent will help Epic expand their market while maintaining their status as an independent developer. Hands off EA. Let Epic be.

Tencent is one of China’s most popular online portals for gaming. Last year it paid for a majority stake for Riot Games (i.e. League of Legends, and it’s still pretty fruitful for the money). While the portion that Tencent owns from Epic is small, they’ll have the ability to hold a minor influence in what’s up. Very minor though. Epic will still be Epic.

It’s interesting how the article reads. That Epic needed some sort of “validation” for their decades of work. They made the Unreal Engine used by dozens of gaming companies and hundreds of colleges and universities. Getting an outside investor probably didn’t push them to realize “hey, we’re valuable and important!” They can look to any store and point out all the games that used their software. That’s plenty of validation for me.

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