Jagex has been sold to a Chinese company for $300M
Jagex has a new master today.
According to The Financial Times, Shandong Hongda, a company known primarily for its iron ore mining operations, has apparently purchased British games company Jagex for $300 million.
Jagex is known best to MMORPG players for its staggeringly popular MMO RuneScape.
We’ve reached out to Jagex for more information.
“Jagex has entered into a non-exclusive, non-binding arrangement for a potential acquisition. The negotiations surrounding the acquisition are ongoing and it remains very much business as usual for the Company.”