RuneScape developer Jagex purchased again

Posted by Skyblue on May 14th, 2021

This time it's US private equity giant Carlyle Group that is snapped up a majority stake in the Cambridge matches studio. The Carlyle Group did not disclose the conditions of RS Gold the transaction, however, The Daily Telegraph reported that the value of the deal is expected to be more than the 530m (£390m) compensated for Jagex as it was acquired from its Chinese owners by a US holding firm in 2020.

Jagex employs more than 450 people, and is one of the largest and most successful British gaming studios. It is famous for the dream MMO RuneScape, which has seen almost 300 million player accounts created since its launch 20 years ago. 2020 saw record numbers of subscribing players, Jagex stated, more than half of that are in the United States. The Carlyle Group said it will encourage Jagex"since it continues to drive growth by expanding the heart RuneScape franchise via investment in R&D and increased content release rates, in addition to launching new titles to increase its portfolio and participate with the even wider community of gamers".

Jagex manager Phil Mansell stated:"I am so proud that Jagex is teaming up with Carlyle, a prestigious investment group that believes in the potential of Jagex, our vision for expansion, and will encourage us in accelerating our continuing growth strategy. We'll continue to expand our sport groups to make and deliver more great content for RuneScape and Old School RuneScape. We will continue to produce exciting adventures for our players, grow our international communities, build new games to expand and further explore the RuneScape universe, give our expertise to publish third-party matches from like-minded online game developers, and also invest in the incredible technology and talent which powers this "

Jagex was on something of OSRS Gold For Sale an ownership rollercoaster in the past couple of decades. In 2016 it had been sold to a Chinese conglomerate for 0m - a mining company with very little tech expertise. Eventually Jagex was marketed to US holding company, Macarthur Fortune Holding, in May 2020.

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