RuneScape Maker Jagex Might Be Looking For A New Owner Soon
Jagex could be up for sale. Its parent company, Shanghai Fukong Interactive is reportedly looking to sell off the RuneScape developer as it makes significant changes to its structure following the December resignation of the chairman of its board of directors.
Eurogamer has an additional statement from Fukong, which reads:
- "Fukong Interactive has issued a regulatory statement to advise the Chinese financial market that it is planning a major reorganisation and is considering sale of assets, with the partial or full sale of Jagex as a potential option. A sale of assets is one of multiple routes Fukong Interactive has available as it restructures and, by making this initial statement to the market, Fukong can now begin exploring such options."
For its part, Jagex leadership said that it's business as usual for RuneScape and that the company "has never been in better shape" and is planning "further investment in the organisation as we expand our talent base to create and deliver significant new content for our players."
While it's understandable that players might feel a little anxious about their company being sold off, it's also mildly amusing that the same sentiments were bandied about when Jagex was originally sold to Fukong -- via its parent company, Shangdong Hongda Mining Company -- back in 2016. Of course, some people thought this would be the end of Jagex and RuneScape, so now that the company is purportedly up for sale again ... well, that will be the end of Jagex and RuneScape, right? "Please, nameless Chinese company, don't sell us to a nameless Chinese company!" It's reminiscent of how Warframe and Path of Exile totally collapsed after Digital Extremes and Grinding Gear Games were sold to Chinese companies. EVERYBODY PANIC!
About 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.
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