Epic Games, Inc. is an American computer game as well as software program developer and also author based in Cary, North Carolina. The business was founded by Tim Sweeney as Potomac Computer Equipments in 1991, originally situated in his parents' home in Potomac, Maryland. Following his first industrial computer game release, AZT (1991), the firm came to be Epic Megagrams, Inc. in very early 1992 and brought on Mark Rein, that is the firm's vice head of state to day. Relocating their headquarters to Cary in 1999, the workshop's name was streamlined to Epic Games. Epic Games develops the Unreal Engine, a commercially offered game engine which likewise powers their internally developed video games, such as Fortnite and also the Unreal, Gears of Battle and Infinity Blade collection. In 2014, Unreal Engine was called the most effective video game engine by Guinness World Records. Epic Games possesses computer game programmers Chair Home entertainment, Psionic, Me diatonic as well as Harmonic, in addition to cloud-based software application developer Claudine, and also runs eponymous sub-studios in Seattle, England, Berlin, Yokohama and Seoul. While Sweeney continues to be the managing investor, Tencent acquired a 48.4% exceptional stake, corresponding to 40% of overall Epic, in the company in 2012, as component of a contract focused on relocating Epic in the direction of a game as a solution model. Adhering to the release of the preferred Fortnite Fight Royale in 2017, the business gained extra investments that enabled to increase its Unreal Engine offerings, establish esport events around Fortnite, as well as introduce the Epic Games Shop. As of April 2021, the firm has a US$ 28.7 billion equity valuation.
On August 13, 2020, Epic launched a version of Fortnite that included a permanent price cut on V-bucks throughout all platforms, however, for those on iOS as well as Android gadgets, just if they acquired directly through Epic, bypassing Apple and Google's storefronts. Both Apple and Google quickly delisted the video game for breaking the stores' terms of service by including their very own shop, which led Epic to file legal actions against both firms the same day, implicating them of antitrust actions in just how they run their application shops.
As Harmonic is known on its official website, the developer studio is now part of Epic Games. The Boston-based studio is known for its numerous and successful music games. Since 2001, Harmonic has published amplitude, Karaoke Revolution, Guitar Hero, Rock Band, Dance Central and User. In cooperation with Epic Games, the unique brands and musical gaming experiences of the developer studio are intended to carry out the transition to the met averse. In addition, musical elements for free-to-play battle-royal shooter Fortnite are planned. All Harmonic's projects already started will continue without restrictions and games published on Steam will continue to be available on the competition platform of the Epic Games Stores.
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