Epic is buying ‘Fall Guys’ developer, Mediatonic
Fortnite maker Epic today announced plans to acquire Tonic Games Group, most notably the publisher behind the fellow massive battle royale hit title, Fall Guys: Ultimate Knockout. Tonic Games Group is the parent company for the Irregular Corporation, Fortitude Games and Fall Guys developer, Mediatonic. Other titles developed under the umbrella include Murder by Numbers, Gears of War/Funko spinoff Gears Pop and Yahtzee with Buddies.
Gonna earn all the Crowns in @FallGuysGame now! Welcome to the Epic Family @Mediatonic and FallGuys
https://t.co/EjXDjPIMyB
- Fortnite (@FortniteGame) March 2, 2021
It's no secret that Epic is invested in building the metaverse and Tonic Games shares this goal," Epic founder and CEO Tim Sweeney said in a release tied to the news. As Epic works to build this virtual future, we need great creative talent who know how to build powerful games, content and experiences."
Epic notes in its announcement post that gameplay for the popular title won't change under the new ownership. As with Fornite, the company says it's investing in cross platform play for the title, which is currently available on the PlayStation and PC with Nintendo Switch and Xbox arriving later this year.
Mediatonic was founded in the U.K. in 2005. Tonic Games Group was developed as a parent company last year. Based in London, the group now employs roughly 300 people, globally. Released last August, Fall Guys has proven a major hit for audiences and critics, alike. The brightly-colored title allows for up to 60 players to compete in battle royale-style matches.
With Epic, we feel like we have found a home that was made for us," Tonic cofounder and CEO Dave Bailey said in the release. They share our mission to build and support games that have a positive impact, empower others and stand the test of time and we couldn't be more excited to be joining forces with their team."
Epic, of course, has money to burn. In addition to massive revenue generated from Fortnite, the company has raised $3.4 billion to date, including a $1.78 billion round in August of last year.
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