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Announced

Platinum Fortune to acquire Jagex for $530m.

Synopsis

Platinum Fortune, a holding company that invests in video game companies, agreed to acquire Jagex, a video game developer, from Fukong Interactive Entertainment, a developer and operator of online games, for $530m. "The combined strength of Platinum Fortune and Jagex will both support and enhance our strategic plan to deliver great gaming experiences to our communities of RuneScape players and build on our portfolio with more living games for a global audience," Phil Mansell, Jagex CEO.

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