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Epic Games just made one of the most strategic and important acquisitions in the industry by buying RAD Game Tools/Oodle.

Epic acquires Rad Game Tools, veteran of many gaming generations Epic today announced the acquisition of Rad Game Tools, maker of game development tools for many years. They’ve stayed largely behind the scenes, but many gamers will recognize the colorful Bink Video logo, which has appeared in the openings of many a title over the years. “Our work with Epic goes back decades, and joining forces is a natural next step given our alignment on products, mission, and culture,” Rad Game Tools founder and CEO Jeff Roberts said in the announcement. And it has seemingly only intensified recently....

Epic Acquires Rad Game Tools, Creators of Oodle Compression Technology Share: Epic Games has been on a middleware shopping spree of late, and it’s just added Rad Game Tools to its collection of software services. You’ll no doubt be familiar with the organisation for its Bink Video program, which was a hallmark of the PlayStation 2 era. However, the company also created the Oodle texture compression technology, which Sony is leveraging for the PlayStation 5. The software will continue to be licensed to various game developers, but will also be integrated into the Unreal Engine. “Members ...

Epic acquires Rad Game Tools, veteran of many gaming generations ANI | Updated: Jan 08, 2021 18:56 IST Washington [US], January 8 (ANI): Gaming giant Epic on Friday announced the acquisition of Rad Game Tools, maker of game development tools for many years. As reported by Tech Crunch, the company-Rad Game Tools stayed largely behind the scenes, but many gamers will recognise the colourful Bink Video logo, which has appeared in the openings of many a title over the years. "Our work with Epic goes back decades, and joining forces is a natural next step give...