![]() In 2016, a Chinese conglomerate with mining operations bought Jagex, and then it was sold again in May 2020 to Macarthur Fortune Holding. Phil Mansell is CEO of Jagex, and he said in a statement that the company will continue to supports its game teams to deliver more content for both RuneScape and Old School RuneScape. RuneScape was originally a browser game built with the Java programming language it was largely replaced by a standalone C++ client in 2016. Jagex will also invest in launching new titles to diversify its portfolio and engage with an even wider community of players.Įquity for the investment was provided by Carlyle Partners (CP) VII and Carlyle Europe Technology Partners (CETP) IV funds. RuneScape is a fantasy massively multiplayer online role-playing game (MMORPG) developed and published by Jagex, released in January 2001. RuneScape Wiki images S Category:Scenery images Category:Skill images Category:Skybox and filter images Category:Squeal of Fortune. Please do not add images to this category, but instead choose an appropriate sub-category. The Carlyle Group is one of the world’s largest global investment firms, with $230 billion of assets under management. This category contains subcategories related to all other images. 2020 saw record numbers of subscribing players, more than half of which are in the United States. Jagex has grown its RuneScape titles to a $1 billion franchise. The company is best known for RuneScape, which has attracted almost 300 million player accounts since its launch 20 years ago. How do I leave a clan that I own It says I need to appoint a Deputy Owner before I go, but it only shows 2 other players who have been inactive for longer than I can even remember, and none of the interface buttons seem to work. “Macarthur Fortune shares Jagex’s passion for video games, and is dedicated to utilizing its experience and expertise to add value to one of the longest-standing video game developers through strategically investing in (research and development) and marketing to attract new players to its RuneScape franchise of games,” Macarthur Fortune stated Tuesday.Jagex has more than 450 people, and it’s now one of the largest and most successful British video game studios, developing and publishing video games on PC and mobile. ![]() Runescape is also available on mobile via the Old School Runescape app for iPhone and Android. “The combined strength of Macarthur Fortune and Jagex will both support and enhance our strategic plan to deliver great gaming experiences to our communities of RuneScape players and build on our portfolio with more living games for a global audience,” Jagex chief executive Phil Mansell said in a statement.Īlso Read: Gaming Spend Hits Record $10 Billion As Shelter-in-Place Continuesīy buying Runescape’s studio Macarthur Fortune gains a strong foothold in online multiplayer gaming, one of the fastest-growing segments of the global video games market - Jagex reports the free game has logged over 260 million player accounts and generated over $1 billion in revenue since its launch 19 years ago. Some of the runes can be profitable to buy and re-sell on the Grand Exchange. Jagex was founded in 1999, slightly before RuneScape launched in 2001. The Magic Store owner runs the Runes and Staves Store in the Wizards Guild. while now operating as a subsidiary of Macarthur Fortune Holding, the company said in a statement. Jagex will maintain its team of roughly 400 and headquarters in Cambridge, U.K. Macarthur bought Jagex through one of its funds, Platinum Fortune LP, the company said Tuesday morning. United Kingdom-based Jagex, the developers behind 2001 massively multiplayer online game RuneScape, was acquired Monday for $530 million by asset management company Macarthur Fortune Holding.
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