Unreal Engine is a powerful game development platform created by Epic Games in 1998. It is used by developers around the world to create immersive and interactive experiences, including games, virtual reality (VR) applications, and augmented reality (AR) experiences.

Epic Games: The Creator of Unreal Engine

As mentioned earlier, Epic Games is the company behind Unreal Engine. Founded in 1992 by Tim Sweeney, Mark Pincus, and Jace Dunbar, Epic Games has a rich history in the gaming industry.

In addition to creating Unreal Engine, Epic Games also developed Fortnite, one of the most popular battle royale games in the world.

Epic Games’ Ownership Structure

Epic Games is a private company that is owned and controlled by Tim Sweeney. He has been CEO of the company since its founding and continues to lead the team today.

As the owner, Sweeney has the final say in all matters related to Epic Games and Unreal Engine, including decisions about development, licensing, and distribution.

Licensing and Distribution of Unreal Engine

Unreal Engine is licensed to developers under a variety of different agreements, depending on their needs and the type of project they are working on. The most common agreement is the Unreal Engine EULA (End User License Agreement), which grants users a non-exclusive, worldwide, royalty-free license to use the software for any purpose, including commercial purposes.

In addition to licensing agreements, Epic Games also distributes Unreal Engine through its own online store, the Unreal Engine Marketplace. Here, developers can purchase licenses and access additional content, such as plugins, assets, and training materials.

Summary: Who Owns Unreal Engine?

In conclusion, Epic Games is the company behind Unreal Engine, and Tim Sweeney is its owner and CEO. Unreal Engine is licensed to developers under a variety of agreements and distributed through the Unreal Engine Marketplace. As the creator and owner of the platform, Sweeney has the final say in all matters related to Unreal Engine, including development, licensing, and distribution.