Jagex's Acquisition of Pipeworks Studios August 3, 2022 Giulia Di Palma Tagged: Catherine Yuen Fraser Goodlad Igor Rogovoy Jagex Ltd. Jonathan Gafni Linklaters Scott Sonnenblick Linklaters has advised UK developer Jagex on the deal.Jagex acquisition of Pipeworks Studios, the U.S.-based development studio, from Sumo Group. Leading UK video game studio Jagex, developer and publisher of the award winning RuneScape franchise, has announced its seventh successive year of growth - with revenue reaching 124.86million for 2021. This makes this acquisition the first-ever acquisition of an external studio by Jagex. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); document.getElementById( "ak_js_2" ).setAttribute( "value", ( new Date() ).getTime() ); We are constantly looking for the best talents and most passionate mobile gamers to join our crew. Pipeworks. The studio brings elite-level game development expertise, specifically in AAA games-as-a-service, with an exemplary track record of collaborations with the worlds best game creators. Our website uses Google Analytics, a service which transmits website traffic data to Google servers in the United States. We use reports provided by Google to help us understand website traffic and usage or to provide you with a better user experience. This growth was fuelled by its flagship franchise RuneScape reaching its highest ever number of paying members, cementing the significant gains made during the coronavirus pandemic. This marks Jagex's first ever acquisition of an external studio and it is all about. Let us know in the comments below! Having worked with the studio for a couple of years the culture, the teams 124 Kommentare auf LinkedIn. Employee Benefits. The studio has nearly 200 employees per its official LinkedIn page and they had worked with gaming giants in the past; Microsoft, Sony, Activision Blizzard and Square Enix to name a few. When you visit any website, it may store or retrieve information through your browser, usually in the form of cookies. Mansell said, After two decades, the RuneScape MMORPGs are bigger than ever and were working hard to build an even bigger community. Home. CEO Phil Mansell said that the developers were able to build on its growth . 26 days ago. Leading international game developer and publisher Jagex has now announced that it has acquired the Eugene, Oregon-based Pipeworks Studios (Pipeworks), a well-known and creative development firm with 200 employees. Leading global games developer and publisher Jagex has today announced the acquisition of Pipeworks Studios ("Pipeworks"), a highly established and innovative 200-person strong development studio, based in Eugene, Oregon. Pipeworks team of more than 200 employees have shipped more than 125 games and become deeply embedded in key franchises for partners including EA Sports, Wizards of the Coast, Activision, Genvid, MetaTeq, and more. This first acquisition of an outside studio reflects Jagex's intentions to expand the team and grow in the North American market. However, not allowing these services may impact your experience. Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. In a press release, Jagex CEO, Phil Mansell said, We are delighted to welcome Pipeworks into the Jagex Family. Theyre really strong in PC/Console Games-as-a-Service, theyve been shipping high quality games for decades and have a profitable growing business. Furthermore, we are growing our third-party publishing portfolio with Jagex Partners, our indie publisher for community-driven games. In addition to its acquisition, Jagex also announced today that its working on a new, unnamed IP. And we intend to continue to make acquisitions to build out our talent, our portfolio and our player community.. In 2021, global investment firm Carlyle (NASDAQ: CG) acquired Jagex, to support the companys growth strategy, including M&A. - Pipeworks Studios Acquisition! Pipeworks presents an incredible opportunity to bring onboard world-class game development talent. Marking its first ever acquisition of an external studio, this transaction reflects Jagexs commitment to expand its team of world-class talent, as well as grow its footprint in North America. That growth, said Jagex, was due to the overall Runescape franchise hitting the 300 million player milestone, an all-new membership high. Junior Level. Jagex, the game company best known for Runescape, announced it has acquired Pipeworks Studio. This acquisition comes in the wake of five years of record growth, including third-party publishing deals and the highest ever membership in Jagex's flagship game . Developing unannounced original games. Cp nht tin tc game online, game mobile mi ra . It represents the first studio investment from the Cambridge Science Park-based games developer and publisher, best-known for its Runescape franchise. After the closing of the acquisition, Pipeworks will continue operating as an independent business, developing games with current partners and clients worldwide, but under the Jagex umbrella. We've given the studio a complete open-plan refurbishment, making it one of the best looking work environments . Sumo Group previously paid $100 million for Pipeworks Studios in 2020. Pipeworks presents an incredible opportunity to bring onboard world-class game development talent. Extensive track record in leadership of cross-functional teams. Pipeworks Studios is a highly established development studio comprising over 200 people based in Eugene, Oregon. Supporting assets are available here Leading global games developer and publisher Jagex has today announced the acquisition of Pipeworks Studios ("Pipeworks"), a highly established and innovative 200-person strong development studio, based in Eugene, Oregon. The newly acquired studio has shipped over 120 games. We reward our team members with a benefits package that includes private healthcare, flexible working hours, gym membership, income protection, dental plan, a team fun fund, performance based bonuses and much more. . Pipeworks Studios (@pipeworks) / Twitter Pipeworks Studios @pipeworks Developers of Prominence Poker, SoccerDie: Cosmic Cup, SUPERFIGHT & more, worked on Terraria for PS4, Xbox One & Switch. Marking its first ever acquisition of an external studio, this transaction reflects Jagexs commitment to expand its team of world-class talent, as well as grow its footprint in North America. 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. Situated Eugene, Oregon, Pipeworks was actually acquired just two years ago. July 21, 2022 By: Joseph Allen British developer Jagex, best known for its long-running MMORPG RuneScape, has made its first-ever acquisition. About Pipework Studios Terms of the deal remain unknown, but Pipeworks currently has over 200 employees and has already established franchises for EA Sports, Activision and others. The acquisition comes after a successful phase of expansion for Jagex in the gaming industry. [11] In July 2022, Pipeworks Studios was acquired by Jagex, developers of the RuneScape franchise. [12] Games developed [ edit] 7 21 Jagex Pipeworks Studio Jagex This move, which represents Jagexs first-ever acquisition of an outside studio, shows how committed the company is to growing both its presence in North America and its roster of top talent. Jagex has acquired Pipeworks Studios, making this the first major investment in the RuneScape developer's 23-year history. New. website. - RuneScape 3Jagex put out a press release revealing the acquisition of a US-based games studio, . It provides full development, co-development, and live operations to premier video game publishers and other partners. 204, Delray Beach, FL 33483, info@tcientertainment.com I'm so excited to share that Jagex has made our first ever acquisition - teaming up with Pipeworks Studios, the awesome 200-person strong game Liked by Raghav Narula Robert Levesque Jr, from Hilco Vision, saves money and uninterrupted production with the HP Bulk Solvent Ink System. About Jagex A leader in creating deep and engaging live games on PC and mobile, Jagexs flagship MMORPG RuneScape has welcomed almost 300million player accounts to its world and is a $1billion lifetime revenue franchise. All sessions are now available for viewing in our on-demand library. Thursday, 27th October: 09:00 BST - Cambridge, UK: Leading UK video game studio Jagex, developer and publisher of the award winning RuneScape franchise, has announced its seventh successive year of growth - with revenue reaching 124.86million for 2021. This move, which represents Jagex's first-ever acquisition of an outside studio, shows how committed the company is to growing both its presence in North America and its . Our technology is the bridge between the booming gaming and ecommerce markets resulting in an exciting new growth industry, real-world iNGame-Commerce. Google Play Games PC beta launched in the US and seven other countries, Wildlife Studios announces its newest affiliated studio named 8-Bit Bandits, David Darling, founder of Kwalee has been honoured with Fellowship from WCUC, NetEase Games establishes GPTRACK50 studio aiming to develop original Entertainment IPs. Global developer and publisher Jagex has announced the acquisition of US-based developer Pipeworks Studios. Actually plenty of time for them to do it right. British game developer & publisher Jagex has announced that it acquired US-based video game developer Pipeworks Studios for an undisclosed sum. them for, Terms of this transaction were not disclosed. RuneScapes developer, Jagex, has announced its acquisition of Pipeworks. This means that now the Jagex family has even better development capabilities, greater diversified revenue and proper operating presence in the US all of which helps us with our quest to be a leader in community-driven games.. Copyright 1999 - 2022 Jagex Ltd. 220 Science Park, Cambridge, CB4 0WA, United Kingdom, Contact Us | Gender Pay Gap Report | Modern Slavery Act Transparency Statement | Imprint | Legal. Career information can be found at www.jagex.com/careers. Would love your thoughts, please comment. Pipeworks team of more than 200 employees have shipped more than 125 games and become deeply embedded in key franchises for partners including EA Sports, Wizards of the Coast, Activision, Genvid, MetaTeq, and more. hin nhng bc tin ln trong khng gian tr chi vo nm 2022 chng hn nh vic mua li Pipeworks Studios v k nim cc ct mc quan trng nh t . Jagex, the game company best known for Runescape, announced it has acquired Pipeworks Studio. Lindsay (CEO of Pipeworks) 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.. "Marking its first ever acquisition of an external studio, this transaction reflects Jagex's commitment to expand its team of world-class talent, as well as grow its footprint in North America," announced the British studio. RuneScape supremos make first ever studio investment in Oregon-based creators of 'SoccerDie' and 'Prince of Persia Revelations'. It also plans to give Pipeworks access to Runescapes IP. It provides full development, co-development, and live operations to premier video game publishers and other partners. According to Jagex, its interested in growing in North America following its own acquisition by The Carlyle Group for $530 million last year. Senior Producer with around 30 (yikes) years of development and publishing experience in the videogames industry. Leading global games developer and publisher Jagex has today announced the acquisition of Pipeworks Studios ("Pipeworks"), a highly established and innovative . Cambridge, UK - Thursday, July 21st 2022, 3pm GMT - Leading global games developer and publisher Jagex has today announced the acquisition of Pipeworks Studios ("Pipeworks"), a highly established and innovative 200-person strong development studio, based in Eugene, Oregon. - Knh Tin Game vi thng tin mi nht, nh gi cc Game hay ang chi, cng ngh Game trong nc v th gii cc nhanh. According to Knowledge Sourcing Intelligence, the GaaS model is growing at a compound annual growth rate (CAGR) of 32.04%, far faster than the industry as a whole. 2022. Jagex records its highest ever revenue. 27th October 2022 RMS Manager. Jagex has purchased Pipeworks Studio s, marking the company's first major investment in its 23-year history. By Lewis Rees, Staff Writer. All it has so far specified is that the title is an open-world survival title made in Unreal Engine 5. In 2021, global investment firm Carlyle (NASDAQ: CG) acquired Jagex, to support the companys growth strategy, including M&A. Pipeworks is an Oregon-based studio with over 200 employees. CAMBRIDGE, UK - 21st July 2022. About Pipework Studios Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. This is the first acquisition Jagex has made from an external studio. About. What does this mean? This acquisition is part of Jagex's commitment to expanding its team across North America. Cambridge, UK Thursday, July 21st 2022, 3pm GMT Leading global games developer and publisher Jagex has today announced the acquisition of Pipeworks Studios (Pipeworks), a highly established and innovative 200-person strong development studio, based in Eugene, Oregon. . Jagex, a leader in community-driven games and the games-as-a-service revenue model, was itself acquired by the Carlyle Group back in early 2021. The games-as-a-service model, or GaaS, allows publishers and developers to monetize video games long after release. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. JAGEX EXPANDS INTO THE US! 500 Gulfstream Blvd. 31. level 2. This is achieved with continual updates and upgrades, new experiences and can be offered on a subscription basis with in-game purchase capabilities. Cambridge, UK - Thursday, July 21st 2022, 3pm GMT - Leading global games developer and publisher Jagex has today announced the acquisition of Pipeworks Studios ("Pipeworks"), a highly established and innovative 200-person strong development studio, based in Eugene, Oregon. Phil Mansell, Jagex CEO, said: "Thanks to the enduring popularity of the RuneScape franchise and the dedication of our player . Best known for the RuneScape franchise, the acquisition delivers additional production capabilities, diversification, and new growth opportunities in North America and beyond, Deal follows five years of record growth, a series of third-party publishing deals and the companys highest ever RuneScape membership, Pipeworks to continue its successful independent business model of developing and co-developing games with publishing partners and clients around the world. The studio brings elite-level game development expertise, specifically in AAA games-as-a-service, with an exemplary track record of collaborations with the worlds best game creators. . In September 2020, Sumo Group acquired Pipeworks for $100 million. According to a comment on r/2007scape Jagex's parent company bought the studio and told them to keep doing what they're doing instead of using them to aid development with any of Jagex's games. Pipeworks team of more than 200 employees have shipped more than 125 games and become deeply embedded in key franchises for partners including EA Sports, Wizards of the Coast, Activision, Genvid, MetaTeq, and more. The acquisition follows a strong period of growth for Jagex. The studio has picked up Oregon-based developer Pipeworks for an undisclosed amount, and Jagex says this acquisition is only the beginning of a new search for more acquisition partners. Offers Benefits. July 21st, 2022 - 04:32pm. International developer and publisher Jagex has announced the acquisition of American company Pipeworks Studios. The newly acquired studio has shipped over 120 games. The newly acquired studio has shipped over 120 games. Also, follow us onGoogle News,Instagram,andTwitterfor quick updates. Jagex, which is best known around these parts as the company behind RuneScape and Old School RuneScape as well as the publisher of Space Punks, has continued to make industry moves.The developer has recently announced its acquisition of Pipeworks Studios, a work-for-hire game developer based out of Eugene, Oregon, that has provided development assistance for major studios like EA Sports . Jagex is known for its flagship product, RuneScape. Personally super stoked to get to work with lindsay gupton and the very talented folks at Pipeworks, such a brilliant studio. Cambridge, UK Thursday, July 21st 2022, 3pm GMT Leading global games developer and publisher Jagex has today announced the acquisition of Pipeworks Studios ("Pipeworks"), a highly established and innovative 200-person strong development studio, based in Eugene, Oregon. For more Mobile Gaming news and updates, join ourWhatsApp group,Telegram Group,orDiscord server. 7d ago. About Jagex Jagex one of the leading games developers and publishers in the UK announced the acquisition of US-based developer Pipework Studios. "Pipeworks presents an incredible opportunity to bring onboard world-class game development talent . Props to Brenda (Xiangjun) Wei and the Jagex Strategy team for leading this, also to Phil Mansell and Brenda (Xiangjun) Wei and the Jagex Strategy team JagexPipeworks Studio. Jagex has acquired Pipeworks Studios, a 200-person games development business as it looks to grow its footprint in North America. Lindsay (CEO of Pipeworks) 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. The acquisition follows a strong period of growth for Jagex. . We are proud and excited to announce that we are joining with the world-class team at Jagex, developers of the globally renowned RuneScape franchise and a leading international games publisher.We look forward to the new opportunities this will empower, further allowing our studio to bring together players from all over the world to take part in rich gaming experiences and form memories that . We use the YouTube service to enable video content streaming on this site. Pipeworks presents an incredible opportunity to bring onboard world-class game development talent. Today the RuneScape franchise exists beyond running games in live operations; our titles are living games that connect and inspire millions of players, with content and experiences both inside and outside of inexhaustible game worlds. Jagex acquired Pipeworks Studios in its first ever studio investment. Career information can be found at www.jagex.com/careers. The move reflects the publisher's commitment to expanding its team of world-class talent as well as its growth in North America. quc t_ Jagex, cng ty tr chi ni ting vi Runescape, thng bo rng h mua li Pipeworks Studio. Having worked with the studio for a couple of years the culture, the teams 124 Kommentare auf LinkedIn Since we respect your right to privacy, you can choose not to permit data collection from certain types of services. Skip to the content. such as our recent acquisition of Pipeworks Studios - and celebrate significant milestones like reaching over 300 million accounts . A leader in creating deep and engaging live games on PC and mobile, Jagexs flagship MMORPG RuneScape has welcomed almost 300million player accounts to its world and is a $1billion lifetime revenue franchise. Founded in 1999, Pipeworks has built a reputation as a global force in gaming and advanced technology solutions for both established and emerging IPs. The studio brings elite-level game development expertise, specifically in AAA games-as-a-service, with an exemplary track record of collaborations with the worlds best game creators. Leading international game developer and publisher Jagex has now announced that it has acquired the Eugene, Oregon-based Pipeworks Studios ("Pipeworks"), a well-known and creative development firm with 200 employees. Hands-on experience across multiple platforms, genres, internal and external development, and projects from indie to AAA titles including live . Its most recent title was spectator game The Walking Dead: Last Mile, which it made in collaboration with Genvid and which launched earlier this year. CEO @ Jagex 1 r Anml det hr inlgget Jagex 36 054 fljare 1 r After 20 incredible years as an iconic living game on PC, the ever-evolving fantasy world of RuneScape launches on iOS and Android devices today! The acquisition of Pipeworks is in line with this strategy, and we are delighted to support Jagex with this transaction.. Pipeworks Studios was founded in 1999 by a pair of former developers from Dynamix, a now-defunct studio from the mid-1980s. Jagex employs more than 450 people and is headquartered in Cambridge, UK. Jagex, the game company best known for Runescape, announced that it has acquired PipeWorks Studios. Revenue reached 124.86 million in FY2021 at the Cambridge-headquartered developer and publisher of the RuneScape franchise. If you continue to use this site we will assume that you are happy with it. Pipeworks Studios. There was no disclosure of the transactions terms. Super exciting news at Jagex today as Pipeworks Studios join the Jagex family. Lindsay (CEO of Pipeworks) 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. he added. Leading UK video game studio Jagex, developer and publisher of the award winning RuneScape franchise, has announced its seventh successive year of growth - with revenue reaching 124.86million for 2021. . Jagexs 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., Phil Mansell, Jagex CEO, told GamesBeat of the acquisition: In Pipeworks we saw a studio that was a superb fit based on what we were looking for. [10] Together with its new parent company, the studio opened a subsidiary, Timbre Games, in Canada under the management of Joe Nickolls. Discover our Briefings. This is a truly exciting achievement for everyone at Jagex HQ and we can't wait to see our players explore Gielinor in a true . Since we respect your right to privacy, you can choose not to permit data collection from certain types of services. The cost of the acquisition has not been confirmed but it likely. Jagexs 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., Michael Wand, Managing Director and Co-Head of the Carlyle Europe Technology Partners advisory team, said: In January 2021, Carlyle acquired Jagex to support the next phase of the companys growth, including maintaining a focus on its core RuneScape franchise while further diversifying the business and its portfolio. For. Pipeworks was founded way back in 1999 and has billed itself as a global force in gaming and gametech. When you visit any website, it may store or retrieve information through your browser, usually in the form of cookies. With five years of record-breaking games-as-a-service revenues, a string of third-party publishing agreements, and its biggest RuneScape franchise membership ever, Jagex has established itself as a pioneer in community-driven games. CEO @ Jagex 3 mn Anml det hr inlgget Pointing a big arrow at this Exec Producer role we're hiring for - we have some big innovative potentially "first ever-for-an-MMORPG" ideas that need a leader who can weave production, tech, biz and community opportunities together. Jagex employs more than 450 people and is headquartered in Cambridge, UK. Bachelors Required. Founded in 1999, Pipeworks has built a reputation as a global force in gaming and advanced technology solutions for both established and emerging IPs. This growth was fuelled by its flagship franchise RuneScape reaching its highest ever . ", "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. The newly acquired studio has shipped over 120 games. Producer - Purpose-Driven Games. We use cookies to ensure that we give you the best experience on our website. Sumo Groups only financial and legal advisers were Aream & Co., Allen & Overy, and Jagexs counsel was provided by Linklaters. ir@tcientertainment.com, https://wccftech.com/runescape-franchise-creator-jagex-pipeworks/. Aream & Co. acted as Sumo Groups exclusive financial advisor and Allen & Overy as its legal advisor and Linklaters acted as legal advisor to Jagex. July 26, 2022 | In Industry News | By TCI Entertainment Jagex, the developer of the widely popular PC and mobile title, "RuneScape" has announced it has acquired Pipeworks Studios. Check our careers page! GamesBeat's creed when covering the game industry is "where passion meets business." Lindsay (CEO of Pipeworks) 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., 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. It's the first acquisition Jagex has. Both RuneScape and Old School RuneScape offer ever-evolving, highly active worlds on PC and mobile and our community-focused development ethos empowers players to have a real say in how each game is shaped. Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. We are delighted to welcome Pipeworks into the Jagex Family, said Phil Mansell, CEO of Jagex. Modern Slavery Act Transparency Statement. It will be at least a couple of years for the RS3/RS4 port to consoles. Time for them to do it right & quot ; Pipeworks presents an opportunity. Booming gaming and ecommerce markets resulting in an exciting new growth industry, real-world iNGame-Commerce on. Support Jagex with this strategy, and we are delighted to welcome Pipeworks into the Jagex Family, said Mansell! An open-world survival title made in Unreal Engine 5 expanding its team across America. Legal advisers were Aream & Co., Allen & Overy, pipeworks studios jagex we are delighted to support with! Tc game online, game mobile mi ra Studios was acquired by Jagex a complete open-plan,! Refurbishment, making it one of the leading games developers and publishers in the industry. And publisher Jagex has made of an external studio fuelled by its flagship RuneScape. So far specified is that the title is an pipeworks studios jagex, well-established and! 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