While Sweeney remains the controlling shareholder, Tencent acquired a 48.4% outstanding stake, equating to 40% of total Epic, in the company in 2012, as part of an agreement aimed at moving Epic towards a games as a service model. Įpic Games owns the game developers Chair Entertainment, Psyonix, Mediatonic, and Harmonix, as well as cloud-based software developer Cloudgine, and operates studios in Seattle, England, Berlin, Yokohama and Seoul.

In 2014, Unreal Engine was named the 'most successful videogame engine' by Guinness World Records. In 1999, the studio moved its headquarters to Cary and then changed its name to Epic Games.Įpic Games develops Unreal Engine, a commercially available game engine which also powers their internally developed video games like Fortnite and the Unreal, Gears of War, and Infinity Blade series. Rein has been the vice president since 1992. Following its first commercial video game release, ZZT (1991), the company became Epic MegaGames, Inc. The company was founded by Tim Sweeney as Potomac Computer Systems in 1991, originally located in his parents' house in Potomac, Maryland. is an American video game and software developer and publisher based in Cary, North Carolina.

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