Big Law
Epic Games Is Set to Purchase Bandcamp
Video game developer Epic Games said Wednesday it is buying Bandcamp, a popular music marketplace used by artists, for an undisclosed sum.
Epic, the maker of the popular video game Fortnite, has raised billions of dollars from investors in recent years, and it has aggressively used that money to buy other technology companies, such as the makers of the Rocket League video game and the Houseparty chatroom app.
Bandcamp, which allows users to buy and stream music, marks Epic’s 18th acquisition, according to venture capital data company Crunchbase. Epic declined to comment on the acquisition beyond its own release.
