Jagex Bought Out by Chinese Investors

Jagex has announced that it is acquired by Chinese investors and that a brand new board of directors continues to be appointed. The buy out gives Jagex a fresh investment cycle to cultivate RuneScape along with RS Mobile Gold related projects including mergers along with acquisitions to grow its gaming operations.
    Said Rod Cousens, CEO, Jagex:
    “Having visibility in China, which is currently the biggest gaming market from the world, the newest entity can be a compelling and attractive proposition for western businesses aiming to broaden their reach in the fast-rising, rapid growth region. It will make them tap into an innovative and development talent pool to create and develop content for that Chinese consumer and become liked by them, and expand, a worldwide community.
    “Jagex will continue to get operated through the existing management team, containing overseen an extraordinary OSRS Mobile Gold trading performance these days and driven its iconic franchise, RuneScape to continued growth. It will likely be business as usual for that Company, its players as well as employees post-acquisition.”