RuneScape developer sold for almost £1B
- Jagex, known for RuneScape, a fantasy MMOG launched in 2001, with versions RuneScape 3 and Old School RuneScape (OSRS).
- RuneScape has over 300mn accounts made, offering players an education in finance through its in-game economy.
- Revenue from Jagex comes from member subscriptions and microtransactions.
- The deal with CVC aims to leverage Jagex's live-service capabilities, focusing on expanding RuneScape and creating new IP content.
- RuneScape's player count and subscription revenue figures have been subject to scrutiny, with discrepancies between claimed and disclosed numbers.
- Bots are a significant part of the RuneScape ecosystem, with Jagex working to manage their impact.
- Jagex's track record beyond RuneScape is limited, raising questions about its diversification potential.
- CVC Capital Partners are acquiring Jagex for for about £910mn, marking a substantial increase from its purchase price three years ago.
- The deal represents a significant transaction in the UK games industry, highlighting the value of evergreen live-service IP.
Source: Financial Times