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Private equity firm CVC reportedly spends £900m on veteran MMO developers
Image credit:Jagex
Image credit:Jagex
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Of course, Jagex have been kicking around for a lot longer than that, marking their 25th anniversary this year. RuneScape itself was launched in early 2001, and has gone on to see multiple iterations, a split into the modern game andOld School RuneScape, and even a move into the world ofboard games and tabletop RPGs.
Jagex have themselves acquired several companies in recent years, notably Pipeworks Studios and Gamepires, developers of multiplayersurvival gameScum. Having been in early access since 2018, Scum is planned for a 1.0 release later this year - something originally due in 2021.
Image credit:Jagex
While Jagex, CVC and Haveli didn’t disclose the specifics of the deal,Sky Newshad recently reported that the studio’s price tag had been set at £900 million.
Naturally, the companies’statementsregarding the deal painted it as a great move for everyone involved, with Jagex CEO Phil Mansell saying that the acquisition would “will help Jagex build on our portfolio of forever games, furthering our aims of supporting and growing our community of forever fans. Together we’ll create more of the experiences our fans love, innovate to empower our players further, and build new forever games that capture imaginations.”