Jagex completed the acquisition of Pipeworks Studios from Sumo Group.

Jagex, a games developer and publisher, completed the acquisition of Pipeworks Studios, a development studio, from Sumo Group, a video game holding company. Financial terms were not disclosed. “We are delighted to welcome Pipeworks into the Jagex Family. Pipeworks presents an incredible opportunity to bring onboard world-class game development talent. The studio brings elite-level game development expertise, specifically in AAA games-as-a-service, with an exemplary track record of collaborations with the world’s best game creators. Lindsay and his team have been running a successful and profitable group for many years, and we look forward to working together to publish Pipeworks’ developed IP and accelerate its growth," Phil Mansell, Jagex CEO.