Sony pumps $200M into Epic ahead of legal fight with Apple
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Epic Games on Tuesday announced the completion of a $1 billion funding round as it tangles with Apple over App Store rules and regulations.
As part of the disclosure, Epic notes that Sony increased its minority interest in the company with a $200 million infusion, reports ZDNet. The Japanese firm initially purchased stake in the game developer last year with a $250 million investment that was part of a larger $1.78 billion funding round.Appaloosa Management, Baillie Gifford, Fidelity Management, and funds managed by BlackRock, KKR, and ParkWest were part of the most recent round of funding, the report said.
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