Their pipes do work.
Developer of the popular title RuneScape, Jagex Ltd., this week announced it is making an acquisition. Because all the cool kids are buying smaller developers these days. The UK studio announced they will be purchasing US-based developer Pipeworks Studios. This marks not just the first acquisition since Jagex’s lawsuit-inspiring acquisition by Carlyle Group in 2021, but the first acquisition in Jagex history.
“This is an opportunity for us to level up once again because we each bring our own distinct experiences to the partnership,” said Lindsay Gupton, CEO of Pipeworks Studios. “Jagex’s approach of providing a leading platform for developers to create lasting and content-rich community-driven games fully aligns with Pipeworks’ work-for-hire model and focus on building innovative games and technology.”
The value of the acquisition was not disclosed. Pipeworks Studios has a history of co-developing ports of titles such as Terraria and Madden NFL.
Source: Press Release
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