The Carlyle Group (Nasdaq: CG) has acquired video game publisher Jagex. The latter is known its online role-playing living game franchise RuneScape, which has attracted almost 300 million player accounts since its launch 20 years ago.
“The global video games market is large and growing, and within this the global massively multiplayer online role-playing game sub-sector is particularly attractive. We have been impressed with Jagex’s market position, strong track record of revenue and market share growth, as well as the experience and passion of the team,” says Carlyle managing director Patrick McCarter.
U.K.-based Jagex will use the investment to develop new titles as well as growing RuneScape.