Jagex has been on something of an ownership rollercoaster in recent years. In 2016 it was sold to a Chinese conglomerate for $300m – a mining company with little tech expertise. Eventually Jagex was sold to US holding firm, Macarthur Fortune Holding, in
May 2020
.
Who bought Jagex 2020?
Carlyle
has acquired Jagex from another US company, Macarthur Fortune Holding, which acquired the developer from Chinese conglomerate Shanghai Hongtou Network Technology in May 2020 for $530 million.
Did jagex get bought out?
In
July 2016
Jagex was purchased by Hongtou, a Chinese investment company, which was subsequently acquired by Zhongji Holdings, which later changed its name to Fukong Interactive Entertainment.
Who is owner of Jagex?
In addition to RuneScape, Jagex has released multiple casual games on its FunOrb portal, as well as other titles. Jagex was owned by U.S. investors between 2012 and 2016, by Chinese investors from 2016–2020, by Macarthur Fortune Holding LLC for about a year in 2020, and is presently owned by
The Carlyle Group
.
Is RuneScape owned by China?
RuneScape maker Jagex has finally been sold by
Chinese company Shanghai Fukong
. The firm revealed today that it has been acquired by Macarthur Fortune Holding via its Platinum Fortune fund for $530m. … The Chinese firm snapped up the RuneScape maker in 2016.
Why did Gower leave Jagex?
So, why did you leave Jagex? I just wanted to continue this idea.
We left on friendly terms and I really wanted to pursue it and focus my energy
and see if I could make it work or not.
Does China own Jagex?
Jagex will also invest in launching new titles to diversify its portfolio and engage with an even wider community of players. … In 2016,
a Chinese conglomerate with mining operations bought
Jagex, and then it was sold again in May 2020 to Macarthur Fortune Holding.
What happened to Jagex?
Jagex, the game developers behind RuneScape Classic, told Newsbeat they've taken the “difficult” decision to shut it down as advancements in technology mean their “
tools are no longer compatible” with the game
. It's meant an increasing amount of bugs can't be fixed and bots have taken to playing it too.
How much do Jagex employees make?
| Job Title Salary | Employee salaries – 1 salaries reported $105,184/yr | Business Development Associate salaries – 1 salaries reported $34,215/yr | Senior Software Engineer salaries – 1 salaries reported $149,933/yr | Student Worker salaries – 1 salaries reported $16/hr |
|---|
How much money does Jagex make off RuneScape?
Jagex hits record revenue as RuneScape membership reaches new high. RuneScape maker Jagex has reported all-time high revenue for 2019 with membership for its MMO hitting a new all-time peak. For 2019, the company brought in
$137.6m (£110.9m)
in revenue, an increase of 19.4 per cent year-on-year.
Is RuneScape banned in China?
While
RuneScape isn't banned in China
(which is an approval of sorts, I suppose), it still doesn't have any Chinese-specific servers. Just for the chuckles, Shanghai Zhongji Enterprise Group renamed itself to Shanghai Fukong Interactive Entertainment Company.
How much did RuneScape sell for?
RuneScape Developer Jagex Acquired for
$530 Million
.
How much did Gower sell Jagex for?
RuneScape dev Jagex sold by parent company for
$530 million
.
What do the Gower brothers do now?
Currently, he's working on a new company,
Fen Research Ltd
, which he founded in 2010. According to the company website, they're working on a new online game, containing user created content.
Where is Paul Gower?
Location: Before and during the Gower quest, Paul can be found in
the farmhouse south-east of the Varrock lodestone
, after the quest he can be found at the life altar in the Behind the Scenes.
