Chinese game publisher Perfect World, responsible for the eponymous MMORPG Perfect World as well as the upcoming 2.5D Battle of the Immortals has acquired a majority stake in Runic Entertainment, the folks behind the Diablo-inspired hit Torchlight.
Perfect World, of course, were the publishers of Torchlight, and with plans for an MMORPG based on the hit game, it makes sense that the company would make such a move.
via Joystiq.