Jagex Limited is a British video game developer and publisher based at the Cambridge Science Park in Cambridge, England. It is best known for RuneScape and Old School RuneScape, collectively known as the world's largest free-to-play massively multiplayer online role-playing games.
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.
Who purchased RuneScape?
Investment firm The Carlyle Group has acquired RuneScape publisher Jagex for at least $530 million. Terms of the deal were not disclosed. The Daily Telegraph reported the deal was worth at least $530 million, which was the price paid in the previous transaction in 2020.
Did RuneScape get bought?
RuneScape Developer Jagex Acquired for $530 Million.
Who owns Old School RuneScape?
| Old School RuneScape | Developer(s) Jagex | Publisher(s) Jagex | Composer(s) Ian Taylor | Platform(s) Microsoft Windows OS X iOS Android |
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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.
Did jagex get sold?
Jagex remained under Hongtou within Fukong's structure until it was sold to Macarthur Fortune Holding , a US-based asset management company, in April 2020 for $530 million.
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.
Has Jagex been sold?
Cambridge games developer Jagex has been sold for the third time in four years and the second time in eight months. ... 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.
How is jagex doing financially?
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 growing again?
RuneScape looks back at 2020 and ahead to 2021 as the game is in ‘a significant state of growth'
Is RuneScape dead?
It is dying slowly , with 95% of the current players being old players, some returning from a couple of years of inactivity, others who never really stop. The majority of the players are on Old School Runescape, and that is a big sign of the problems that runescape has.
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 |
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When did jagex get sold?
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 .
