Macarthur Fortune purchases Runescape's studio to provide excellent gaming experience

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Macarthur Fortune purchases Runescape's studio to provide excellent gaming experience

Jagex is the developer of the large-scale multiplayer online game RuneScape. His headquarters is in the United Kingdom. Not long ago he was acquired by an asset management company called Macarthur Fortune Holding for $530 million. So many people will wonder how this asset management company bought Jagex? Reliable news is that Macarthur bought Jagex with a fund, Platinum Fortune, LP.

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Jagex will maintain its team of roughly 400 and headquarters in Cambridge, U.K. while now operating as a subsidiary of Macarthur Fortune Holding, the corporate said in an exceedingly statement. Jagex was founded in 1999, slightly before RuneScape launched in 2001.

“The combined strength of Macarthur Fortune and Jagex will both support and enhance our strategic arrange to deliver great gaming experiences to our communities of RuneScape players and turn on our portfolio with more living games for a world audience,” Jagex chief executive Phil Mansell said in an exceedingly statement.

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By buying Runescape’s studio Macarthur Fortune gains a robust foothold in online multiplayer gaming, one in every of the fastest-growing segments of the world video games market — Jagex reports the free game has logged over 260 million player accounts and generated over $1 billion in revenue since its launch 19 years ago. Runescape is additionally available on mobile via the old-fashioned Runescape app for iPhone and Android.

As a developer of RuneScape, Jagex has devoted his hard work to this video game. Macarthur Fortune said he would make every effort to attract more new players to join RuneScape through strategic investment and multiple strategic marketing methods and will also use his own advantages such as Experience and strong expertise to optimize the oldest video game developers, so that it is not only welcomed by the majority of gamers, but also shines in many video game developers.

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