More companies continue to fly under the Epic banner…
Epic Games has been on a roll in recent years, acquiring various companies, including game studios and companies whose products support or improve game development.
Well, the pattern continues. Epic has now acquired Sketchfab, a platform used by creators to buy, sell, edit, and discover 3D models.
“By joining forces, Epic and Sketchfab will be able to make 3D, AR and VR content more accessible and grow the creator ecosystem, which is critical to an open and interconnected Metaverse,” Epic’s statement on the acquisition reads. It’s not the first time Epic has referred to its “metaverse” ambitions, with the concept coming up during the purchase of Fall Guys developer Mediatonic as well.
For existing users of Sketchfab, this acquisition looks positive as Epic’s involvement is seemingly pushing down the prices of the service. Sketchfab has reduced its store fees for sellers to 12%, while the site’s premium account tiers have also received a shake-up. The lowest-paid tier, Sketchfab Plus, is now free for all users while existing Plus subscribers will be upgraded to Sketchfab Pro at no extra cost. Sketchfab has also merged its business plan with its enterprise plan, with those upgrades again incurring no extra cost.
Epic Games has been continually acquiring various companies over recent years, including Fall Guys developer Mediatonic, Rocket League studio Psyonix, and tech companies such as photogrammetry developer Capturing Reality and Houseparty developers Life On Air.
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