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5 August, 2022 - 16:28 By Tony Quested

Jagex on the Oregon trail with key US acquisition

Global games developer and publisher Jagex in Cambridge has acquired Pipeworks Studios, a 200-person development studio based in Eugene, Oregon. No figures have been disclosed for the deal.

Its first ever acquisition of an external studio reflects Jagex’s commitment to expanding its team of world-class talent as well as growing its footprint in North America.

The acquisition follows a strong period of growth for Jagex. Establishing itself as a leader in community-driven games, Jagex has recorded five years of record games-as-a-service revenues, a series of third-party publishing deals and its highest ever RuneScape franchise membership. 

In 2021, Nasdaq-quoted global investment firm Carlyle acquired Jagex to support the company’s growth strategy, including M & A.

Founded in 1999, Pipeworks has built a reputation as a global force in gaming and advanced technology solutions for both established and emerging IPs. 

Pipeworks’ team 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.

“We are delighted to welcome Pipeworks into the Jagex family,” said Phil Mansell, CEO of Jagex. 

“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 Gupton, CEO of Pipeworks Studios, added: “This is an opportunity for us to level up once again because we each bring our own distinct experiences to the partnership.

“Jagex's 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.”

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