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Jagex Ltd | Official Site
MMORPG | Setting:Fantasy | Status:Final  (rel 03/29/04)  | Pub:Jagex Ltd
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U.S. Firm Buys Majority Stake in Jagex

Posted by Suzie Ford on Jan 10, 2012  | Comments

U.S. Firm Buys Majority Stake in Jagex - Runescape - MMORPG.com

A U.S. venture capital corporation has purchased a majority stock option in Jagex Studios, developers of RuneScape. The purchase moves the financial base of control from the U.K. to the United States. According to Gamasutra, Jagex will pay off its pending expenses with the capital raised through the sale. By so doing, the development of its new Transformers project will be accelerated.

Read the full report at Gamasutra.

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Suzie Ford / Suzie is the Associate Editor and News Manager at MMORPG.com. Follow her on Twitter @MMORPGMom