"Fortnite" Creator Buys Peer Tonic Games Group

Epic Games, the developer of Fortnite and other notable video games, is making a fresh acquisition. It is buying U.K.-based peer Tonic Games Group, which owns the studios Mediatonic and Fortitude Games, for an undisclosed sum, both companies said in separate announcements on Tuesday.

Epic said that owning the British company will, almost literally, help it create a new world. "It's no secret that Epic is invested in building the metaverse and Tonic Games shares this goal," Epic CEO Tim Sweeney was quoted as saying.

"As Epic works to build this virtual future, we need great creative talent who know how to build powerful games, content and experiences," he added.

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Source Fool.com