Epic Games have announced their acquisition of Rad Game Tools. Rad Game Tools have spent nearly 20 years creating software used to create upwards of 25,000 commercial games to date. Rad Game Tools products include Bink and Oodle compression software, the Granny 3D animation software, Telemetry and Miles Sound System.
Details of the acquisition from Epic Games:
We are excited to share that Epic Games has acquired the technology and business of RAD Game Tools, a video game software development company whose products and technology appear in close to 25,000 games and are leveraged by the world’s leading gaming companies, including Epic. Together, Epic and RAD plan to integrate RAD’s powerful technology into Unreal Engine to benefit the developer community and gamers alike.
As graphics in game development and beyond become more photorealistic and powerful, developers need best-in-class compression software that can manage increased data requirements without compromising quality. Members of the RAD team will partner closely with Epic’s rendering, animation, insights, and audio teams, integrating key tech and improvements across Unreal Engine and beyond. RAD and Epic combining forces will allow even more developers access to tools that make their games load and download faster, and offer their players a better, higher quality video and gaming experience.
RAD will continue supporting their game industry, film, and television partners, with their sales and business development team maintaining and selling licenses for their products to companies across industries – including those that do not utilize Unreal Engine.
Epic Games have made several acquisitions in recent years including Super Awesome and Quixel, often to the benefit of Unreal Engine developers. You can learn more about the acquisition in the video below.