Jagex, the Designer of RuneScape, Simply Got Acquired by The Carlyle Group
Jagex, the UK designer mainly known for the MMO franchise RuneScape, was gotten by The Carlyle Group as announced today in a news release jointly provided by the companies. The financial terms of the deal were not divulged.
In case you’re not knowledgeable about it, The Carlyle Group is a global investment company with some $230 billion of assets under its management portfolio. The business will supposedly utilize its substantial resources to support Jagex while it grows the RuneScape franchise even more and launches brand brand-new titles.
League of Legends MMO Almost Validated by Ex Wow Lead Systems Designer
Phil Mansell, CEO of Jagex, stated:
I am so happy that Jagex is partnering with Carlyle, a distinguished investment group that believes in the capacity of Jagex, our vision for growth, and will support us in accelerating our multi-year development strategy. We will continue to expand our game teams to create and provide more fantastic material for RuneScape and Old-fashioned RuneScape. We will continue to produce interesting experiences for our players, grow our global communities, construct new games to broaden and further explore the RuneScape universe, lend our expertise to release third-party video games from similar online video game developers, and invest in the amazing tech and skill that powers this all.
The Carlyle Group’s Managing Directors included:
Patrick McCarter – The global video games market is big and growing, and within this the international enormously multiplayer online role-playing game (MMORPG) sub-sector is especially attractive. We have been impressed with Jagex’s market position, strong track record of revenue and market share growth, along with the experience and passion of the group.
Michael Wand – RuneScape is one of the most enduring RPG franchises and has a great and dedicated gamer base. We look forward to making use of the full resources of Carlyle to support Phil and his group to continue to grow the existing RuneScape franchise in addition to launching new, amazing ones. Our company believe with further investment and development, Jagex can build on its position as one of the most exciting computer game designers for both existing and new generations of MMORPG gamers.
The RuneScape developer apparently had a ‘marquee year’ in 2020, accomplishing a new all-time high of online subscribers with more than 1.2 million members (in addition to all those who play RuneScape free of charge). In 2021, Jagex is preparing to continue producing RuneScape material, continue developing out its game production groups for the advancement of new online games and deliver the very first Jagex Partners title (a sci-fi action RPG in advancement at Flying Wild Hog).