Jagex, the studio responsible for RuneScape, has just been bought out for over a billion euros
, by Thibaut
The video game industry has just been hit by another major acquisition. This time, it involves Jagex, the British studio responsible for the MMORPG RuneScape, available on mobile, PC and Mac.
The British firm has been acquired by the investment funds CVC Capital Partners and Haveli Investments. The transaction is worth 900 million pounds, just over one billion euros.
Jagex's CEO took the opportunity to comment on the announcement.
"CVC and Haveli 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."
Source: eurogamer.net