RuneScape developer Jagex bought again
RuneScape developer Jagex has been bought again.
This time it’s US private equity giant Carlyle Group that’s snapped up a majority stake in the Cambridge games studio.
The Carlyle Group did not disclose the terms of the transaction, but The Daily Telegraph reported the value of the deal is expected to be more than the $530m (£390m) paid for Jagex when it was acquired from its previous Chinese owners by a US holding company in 2020.
Jagex employs more than 450 people, and is one of the largest and most successful British video game studios.
It’s best known for the fantasy MMO RuneScape, which has seen nearly 300 million player accounts created since its launch 20 years ago. 2020 saw record numbers of subscribing players, Jagex said, more than half of which are in the United States.