Having raised a $1.25bn funding round, and with its Fortnite game continuing to be a licence to print money, publisher Epic Games is on the acquisition trail. It recently bought Psyonix, the developer of popular game Rocket League. Now it has diversified into social media.
Epic has bought startup Houseparty, whose “face-to-face social network” is a group video-chat app launched in 2016, by the team that had previously created back-in-the-day livestreaming app Meerkat. It’s unclear how much Epic Games paid for the company, which raised a $52m funding round in late 2016. No news yet, either, on whether this means video-chat features making their way into Epic’s games, Fortnite included.
“By teaming up, we can build even more fun, shared experiences than what could be achieved alone,” is what the publisher’s CEO Tim Sweeney had to say.
Houseparty has stressed that its app will remain available (the kind of claim you should always add the caveat “for now” to when reading it).