On March 2, Epic Games has acquired Fall Guys: Ultimate Knockout developer Mediatonic. The UK-based studio is a subsidiary of the Tonic Games Group.
Epic Games and Mediatonic didn’t release any details of the merger. Still, the two gaming companies reassured everyone concerned that there won’t be any changes for the game’s players on PlayStation or PC.
In a post, the Fortnite and Unreal Engine developer said the game’s multiplatform compatibility would remain unchanged, and “Epic will continue to invest in making the game a great experience for players across platforms.” The studio also said the Fall Guys: Ultimate Knockout will soon be available for the Nintendo Switch and Xbox.
“It’s no secret that Epic is invested in building the metaverse, and Tonic Games shares this goal,” said Epic Games CEO and founder Tim Sweeney. “As Epic works to build this virtual future, we need great creative talent who know how to build powerful games, content and experiences.”
Meanwhile, Paul Croft, the chief games officer of Mediatonic’s parent company Tonic Games Group, acknowledges that this partnership with Epic Games will help his company grow.
“Beyond the shared vision among our teams, we see tremendous potential in combining forces with Epic,” said Paul Croft. “Whether it’s about making our own games the best they can be or empowering other game developers to take their content from a kernel of an idea to commercial success, we know that together we will be able to reach greater heights.”
Tonic Games Group CEO and co-founder Dave Bailey also released a statement following the takeover.
“At Tonic Games Group, we often say that everyone deserves a game that feels like it was made for them,” Bailey commented. “With Epic, we feel like we have found a home that was made for us. 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 Games isn’t a newcomer on the M&A front. In recent years, the company is pursuing its ambition of acquiring technology-focused companies instead of game studios that will help it with the development of its Unreal Engine. Prior to Mediatonic, Epic’s latest acquisition was Psyonix, the Rocket League game developer in 2019.