Epic Games, the studio that publishes ubiquitous competitive shooter Fortnite, has acquired acclaimed video game developer Psyonix, the company behind the popular online game Rocket League.
Psyonix announced the acquisition on its website, revealing that the acquisition is expected to be completed by late May or early June as it gains approval from federal regulators. The exact logistics, including the price of the acquisition, have not yet been publicly revealed.
The development team behind Rocket League and its popular Esports component are expected to remain with the company, with plans to take advantage of Epic Games' considerable resources to expand the title and its online competitive presence. The game will remain for sale on Steam for the foreseeable future, with additional plans to add the game directly to the Epic Games Store.
The multi-billion dollar company has become one of the leading video game publishers in the world, driven by titles like Fortnite and its Unreal gaming engine used by other developers throughout the industry. The company recently received a $1.25 billion investment, with Epic Games CEO Tim Sweeney planning to expand the publisher to new heights. It appears the Psyonix acquisition is the first major step towards that goal.