Fortnite maker Epic Games has made yet another development-focused acquisition in ArtStation.
In a post on its website, the firm revealed it had snapped up the platform for an undisclosed sum and has already tweaked the revenue sharing terms on ArtStation. Where before the company took a 30 per cent cut, now this is 12 per cent, in line with Epic Games Store.
“Over the last seven years, we've worked hard to enable creators to showcase their work, connect with opportunities and make a living doing what they love,” said Leonard Teo, CEO and co-founder of ArtStation. “As part of Epic, we will be able to advance this mission and give back to the community in ways that we weren’t able to on our own, while retaining the ArtStation name and spirit.”
Unreal Engine VP and GM Marc Petit added: “We are thrilled that ArtStation is joining Epic as we work to accelerate the development and growth of the creator community worldwide. The ArtStation leadership team brings tremendous talent and an unparalleled track record of supporting a vibrant creator community and ecosystem. We look forward to working with them to provide creators with access to even more resources and tools, empowering them to do their best work.”