RuneScape 3

It was rumored four months ago that Jagex was in talks to be acquired by a Chinese mining company, and today those rumors were confirmed — mostly.

What we know is that Jagex has been acquired by a Chinese company. However, as Eurogamer reports, it’s not directly the Shangdong Hongda Mining Company but instead “investors are in the process of forming a games-specific Chinese company, which is being processed in the Chinese markets at the moment” and that the “new company will be a part of a group of companies that includes Shandong.” So, in essence, it has likely been purchased by the people in charge of Shangdong but not directly by Shangdong. We think.

No terms of the deal, which was originally said to be worth $300 million were announced, and Jagex’s Rod Cousens said that it would be “business as usual” going forward for Jagex’s games and employees. Of course, that’s what every company says when it’s acquired by an outside party; at least in this case, Jagex doesn’t seem to be struggling in any way we can perceive, so it might actually be true.

the author

Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.

7 Readers Commented

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  1. Lel on July 19, 2016

    Are you kidding me Jagex :'( you’re helping china (likely chinese government) and that’s like helping the devils!

  2. Arieswar on July 18, 2016

    Ok being a player of runescape im like what??!
    Since china love pay to win and also have a tendency to mess stuff up im worried..

    Hopefully however they will have the developers around to keep working on it.. it has become better and better hate to see it just bellyflop now.

  3. some random scottish guy on July 18, 2016

    buying grill 2m

    china is coming !

  4. ASA on July 15, 2016

    Hopefully this means runescape finally dies. Some old games need to die but some publishers just don’t know when it’s time to let the game die.

  5. Randyblythe on July 15, 2016

    So this is how runescape finally dies?

    It had a pretty good run.

  6. Die now on July 15, 2016

    Jagex lol? no name company about to get bot haven… cya

  7. Grims Bane on July 14, 2016

    Welp hope jagex is in for alot more gold farmers on their servers and I mean alot, because thats one of the things china is good at once they get access to a game.