Epic Games is an American game development and software company, founded in 1991 by Tim Sweeney under the name Potomac Computer Systems. The company is headquartered in Cary, North Carolina.
Epic Games operates across several segments of the gaming industry, including game development and publishing, provision of the Unreal Engine game engine, and operation of the Epic Games Store digital distribution platform. The company also offers Epic Online Services, which support game developers with features such as matchmaking, player data, and account management. Epic Games has established itself as a major player in both the gaming industry and associated technologies.
Epic Games generates revenue through the sale of both its own and third-party games via the Epic Games Store, licensing of Unreal Engine, and in-game microtransactions in titles like Fortnite. The company promotes a developer-friendly revenue-sharing model, allowing creators to retain 88% of the revenue from sales on the Epic Games Store—more favorable than industry norms.
Epic Games has expanded its operations through acquisitions of companies such as Psyonix, Mediatonic, and Harmonix. The company has also established Epic Games Sweden AB as part of its European expansion strategy, including plans to launch the Epic Games Store and Fortnite on iOS in Europe. Epic continues to enhance its technologies and services to support both developers and players on a global scale.
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