Jagex News 11526u mmos.betsandodds.net

Jagex Confirms Reports That It’s Being Acquired By CVC Capital Partners And Haveli Investment 164w39

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Jagex confirmed earlier reports that its being sold off by its current owner, The Carlyle Group, to private equity firm CVC Capital Partners in an official press release. After “exclusive negotiations” the CVC Capital has agreed to acquire the RuneScape developer for an undisclosed amount, although its reportedly around €900 million, or roughly $1.13 billion. “CVC Capital Partners will [...]

Jagex Is Up For Sale Again As Its Current Owner Brokers A Deal With CVC Capital Partners 3051w

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RuneScape developer Jagex is once again up for sale to the highest bidder, in this case it’s CVC Capital Partners. According to Sky News, the studio’s current owner, The Carlyle Group, is currently in “exclusive negotiations” with the private equity firm after it out-bid other interested companies with its £900 million ($1.13 billion) offer for controlling stake of Jagex. Other [...]

Jagex Acquires Croatian Indie Developer And SCUM Creator Gamespires 3w6t4m

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Jagex continues to expand its global presence with its acquisition of Croatian indie studio Gamespires just a few months after the British video game company acquired Oregon-based developer Pipeworks Studios. Gamespires is the studio behind online multiplayer survival game SCUM which launched into early access on Steam back in 2018. “Jagex, known for the success of its RuneScape franchise, will [...]

Jagex Acquires US-Based AAA Game Developer Pipeworks Studios 1w6c4

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Video game development studios continue to change hands this year as Jagex announces its acquisition of Pipeworks Studios, an Oregon-based developer that has worked on various games for big-name publishers such as Activision, EA Sports, and Wizards of the Coast. According to the press release, the acquisition is part of Jagex’ efforts to diversify and expand into North America and [...]

Jagex Hires New Developers For Unannounced RuneScape Open World Survival Game 462t1h

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The folks at Jagex are apparently working on a new open world survival game set in the RuneScape universe and powered by Unreal Engine 5. The information comes from a press release welcoming several new executives who will be working on the unannounced project. Maddie Harper s the team as Senior Producer, Guilhem Barloy as Associate Technical Director, and Géry [...]

Jagex Is Working On A New Open-World Survival Crafting Game Based On Recent Job Listings 1w6359

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RuneScape developer Jagex is currently working on an unannounced game as revealed in their recent job listings. Unfortunately, it’s not going to be RuneScape 2 as most of you are probably hoping for but an open world survival crafting game. The game is being built on Unreal Engine 4 and will have both PvE and PvP elements. The studio is [...]

RuneScape Developer Jagex Confirms That They’ve Been Acquired By US Platinum Fortune 2o407

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In January last year, Fukong Shanghai, the owner of RuneScape developer Jagex, announced their plans to sell the studio as the Chinese company struggled to survive against the gaming bans in China. In July of the same year, Fukong revealed that it was selling Jagex to the private equity investment firm US Platinum Fortune for $530 million. Jagex, however, issued [...]

Gamescom 2020 Is Still A Go For August, More Video Game Companies Transition To Work-From-Home Amid COVID-19 Threat 5n736

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Here’s more COVID-19-related news today. Over the past few months, a number of gaming companies and organizers have announced the cancellation of their events, including GDC, EVE Fanfest 2020, and more recently, E3. gamescom 2020, however, which is scheduled for August in Cologne, , is still getting a green light from its organizers since it’s still a few months away. [...]

Lawsuit Filed Against Jagex For Muting A Player Is Dismissed Just Five Days After It Was Filed 60c6v

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If you’ve ever been muted in an MMORPG and want to get back at the devs filing a lawsuit probably isn’t the best idea as one RuneScape player learned. Amro Elansari recently filed a lawsuit against UK development studio Jagex and parent company Shanghai Fukong for allegedly muting him without reason. In his lawsuit filed in a Pennsylvania Court, Elansari [...]

Jagex Sold to Private Equity Firm for $520M 5g4g44

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The Chinese parent company of Jagex announced today that Jagex was sold to a U.S. private equity firm called Platinum Equity for $520M. The sale shouldn't come as a surprise as Jagex's parent company has announced some time ago that they were looking to sell the company. What's surprising though is the price paid. Given Runescape's continued growth and profitability, [...]

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