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In exchange for Tencent's help, Tencent acquired approximately 48.4% of Epic then issued share capital, equating to 40% of total Epic – inclusive of both stock and employee stock options, for $330 million in June 2012. Tencent Holdings has the right to nominate directors to the board of Epic Games and thus counts as an associate of the Group. [6]
Epic Games, the prominent private video game maker in Cary, hasn’t always kept its valuation a secret. When the company raised $1.78 billion in the summer of 2020, it publicized its new $17.3 ...
Epic Games has used the names Potomac Computer Systems, Epic MegaGames, and Epic Games; the name given for the company is the one used at the time of a game's release. Many of the games under the Epic MegaGames brand were released as a set of separate episodes, which were purchasable and playable separately or as a group.
WASHINGTON (Reuters) -Two directors of Epic Games who had been appointed by Chinese gaming and social media firm Tencent Holdings resigned from the board of the Fortnite video game maker after the ...
In 2016, the company was spun out of Nordic Games Group and in 2019 it was renamed Embracer Group. As of 2024 they own more than 106 internal studios in over 45 countries in Europe and the Americas. Its subsidiaries are organized under ten groups: Amplifier Game Invest, Asmodee , CDE Entertainment, Coffee Stain Holding , Dark Horse Media, DECA ...
Two Epic Games board directors have resigned from their positions amid an antitrust inquiry by the Justice Department. The board members had been appointed to the privately held company’s board ...
THQ Nordic is an Austrian video game publisher that acts as the subsidiary of Swedish holding company Embracer Group. Established in 2011 as Nordic Games, the company had acquired the "THQ" trademark in 2014 and changed its name to THQ Nordic in 2016 to better reflect its portfolio. The company, as well as its parent and other entities acting ...
If a game was released on multiple platforms, the sales figures list are only for PC sales. This list is not comprehensive because sales figures are not always publicly available. Subscription figures for massively multiplayer online games such as Flight Simulator or Lineage and number of accounts from free-to-play games such as Hearthstone are ...