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Announced

Completed

Epic Games completed the acquisition of Cubic Motion from NorthEdge Capital.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Majority

Friendly

Completed

Private

Single Bidder

computer vision

Private Equity

United Kingdom

Cross Border

Gaming

Acquisition

Synopsis

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Epic Games, a North Carolina-based video games developer, completed the acquisition of Cubic Motion, a computer vision startup, from NorthEdge Capital, a private equity firm. Financial terms were not disclosed. “Digital humans are not only the next frontier of content creation, but also the most complex endeavor in computer graphics. With Cubic Motion bringing their computer vision and animation technology and expertise to our digital human efforts, Epic along with our team at 3Lateral are one step closer to democratizing these capabilities for creators everywhere,” Tim Sweeney, Epic Games CEO.

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