Epic Games Scoops Up Tonic Games
By Micah Maidenberg
Epic Games Inc. said Tuesday it acquired the development company
behind "Fall Guys: Ultimate Knockout", a deal it said would help
bolster talent across the company.
Terms of the deal for Tonic Games Group weren't disclosed. Epic,
based in Cary, N.C., is a privately held company that created the
popular "Fortnite" game and has tussled with Apple Inc. over how
the iPhone maker operates its App Store.
Epic needs "great creative talent who know how to build powerful
games, content and experiences," Chief Executive Tim Sweeney said
in a statement about the deal.
Tonic describes itself as a games development and publishing
company with around 300 employees. It says it develops new games,
brings them to market and invests in independent game
The company's Mediatonic unit is behind the "Fall Guys" game, a
multiplayer contest that has contestants competing to win a race as
various obstacles get in the way.
Epic last year introduced an in-app payment system within
"Fortnite" to bypass the 30% fee Apple charges through its App
Store. The company booted "Fortnite" from the store, and Epic sued,
alleging Apple has engaged in monopolistic behavior.
Apple has defended itself, at one point saying Epic was trying
to keep money it owed the company.
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Write to Micah Maidenberg at email@example.com
(END) Dow Jones Newswires
March 02, 2021 14:48 ET (19:48 GMT)
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