Announced
Financials
Tags
Majority
Single Bidder
Friendly
video game developer
Acquisition
Gaming
Private
United Kingdom
Pending
Cross Border
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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