Pipeworks Studios recognizes the importance of creating an environment where all our employees feel included and empowered to bring ideas to the table. This makes this acquisition the first-ever acquisition of an external studio by Jagex. JAGEX ANNOUNCES REVENUES OF 125M FOR 2021 Published 6 days ago on October 27, 2022 By George Miller Reading Time: 2 minutes 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. July 21, 2022 By: Joseph Allen British developer Jagex, best known for its long-running MMORPG RuneScape, has made its first-ever acquisition. Global developer and publisher Jagex has announced the acquisition of US-based developer Pipeworks Studios. Pipeworks presents an incredible opportunity to bring onboard world-class game development talent. This growth was fuelled by its flagship franchise RuneScape reaching its highest ever . Ste. British game developer & publisher Jagex has announced that it acquired US-based video game developer Pipeworks Studios for an undisclosed sum. British game developer and publisher Jagex has announced the acquisition of Eugene, Oregon-based Pipeworks Studios, a well-known and creative Liked by Angelina Mitchell 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. 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. quc t_ Jagex, cng ty tr chi ni ting vi Runescape, thng bo rng h mua li Pipeworks Studio. Our technology is the bridge between the booming gaming and ecommerce markets resulting in an exciting new growth industry, real-world iNGame-Commerce. Pipeworks Studios (@pipeworks) / Twitter Pipeworks Studios @pipeworks Developers of Prominence Poker, SoccerDie: Cosmic Cup, SUPERFIGHT & more, worked on Terraria for PS4, Xbox One & Switch. 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. Jagex acquired Pipeworks Studios in its first ever studio investment. . About Pipework Studios 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.. Founded in 1999, Pipeworks has built a reputation as a global force in gaming and advanced technology solutions for both established and emerging IPs. Industries Computer Games Company size 51-200 employees Headquarters Eugene, Oregon Type Privately Held Specialties Video Games and Software Solutions Locations Primary 133 W. Broadway #200 Eugene,. 27th October 2022 RMS Manager. 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. 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. It represents the first studio investment from the Cambridge Science Park-based games developer and publisher, best-known for its Runescape franchise. 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. . 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 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. In September 2020, Sumo Group acquired Pipeworks for $100 million. 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. 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. Above all, our culture embraces creativity and technology, work and play, experience and innovation, teamwork and entrepreneurship. Aream & Co. acted as Sumo Groups exclusive financial advisor and Allen & Overy as its legal advisor and Linklaters acted as legal advisor to Jagex. Hands-on experience across multiple platforms, genres, internal and external development, and projects from indie to AAA titles including live . Revenue for 2021 hit 124.86 million - up four per cent on 2020 - and represented the seventh year of sustained growth for the Cambridge Science Park . We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. 3.9. 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. This first acquisition of an outside studio reflects Jagex's intentions to expand the team and grow in the North American market. This is the first acquisition Jagex has made from an external studio. Having worked with the studio for a couple of years the culture, the teams 124 Kommentare auf LinkedIn. Jagex employs more than 450 people and is headquartered in Cambridge, UK. Home. It also plans to give Pipeworks access to Runescapes IP. The acquisition of Pipeworks is in line with this strategy, and we are delighted to support Jagex with this transaction.. [12] Games developed [ edit] Extensive track record in leadership of cross-functional teams. 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. ir@tcientertainment.com, https://wccftech.com/runescape-franchise-creator-jagex-pipeworks/. Let us know in the comments below! 2022. 500 Gulfstream Blvd. Now were expanding and extending our portfolio with fresh franchise titles and new IP to bring life to the living games of the future. 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. By Lewis Rees, Staff Writer. We use reports provided by Google to help us understand website traffic and usage or to provide you with a better user experience. 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 . RuneScapes developer, Jagex, has announced its acquisition of Pipeworks. | September 29, 2022 Junior Level. It provides full development, co-development, and live operations to premier video game publishers and other partners. 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. Were doing that by continuing to serve our players with superb live-ops and game upgrades for our two big RuneScape titles, and were also branching out the RuneScape IP with additional games. There was no disclosure of the transactions terms. 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 . 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. Pipeworks presents an incredible opportunity to bring onboard world-class game development talent. Leading global games developer and publisher Jagex has today announced the acquisition of Pipeworks Studios ("Pipeworks"), a highly established and innovative . 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. About. If you continue to use this site we will assume that you are happy with it. For more Mobile Gaming news and updates, join ourWhatsApp group,Telegram Group,orDiscord server. Phil Mansell, Jagex CEO, said: "Thanks to the enduring popularity of the RuneScape franchise and the dedication of our player . We are delighted to welcome Pipeworks into the Jagex Family, said Phil Mansell, CEO of Jagex. . Read our other articles on the Gaming Industry here. Discover our Briefings. Best known for the RuneScape franchise, the acquisition delivers. 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. About Jagex Terms of this transaction were not disclosed. 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. Delighted to announce that I have joined Jagex as their VP of Game Operations. However, not allowing these services may impact your experience. Career information can be found at www.jagex.com/careers. Developing unannounced original games. Jagex, the developer of the widely popular PC and mobile title, RuneScape has announced it has acquired Pipeworks Studios. 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. It's the first acquisition Jagex has. In addition to its acquisition, Jagex also announced today that its working on a new, unnamed IP. 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 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. 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. Published on July 21, 2022 UK-based developer Jagex has acquired long-running US games company Pipeworks Studios. What does this mean? CAMBRIDGE, UK - 21st July 2022. Jul 21, 2022, 01:04 PM EDT Jagex has announced that they have acquired Pipeworks Studios. Pipeworks is an Oregon-based studio with over 200 employees. 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 . 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. The deal marks Jagex's first ever acquisition of an external game studio as the company aims to grow its team and expand its offerings in North America. "Pipeworks presents an incredible opportunity to bring onboard world-class game development talent . Aream & Co. acted as Sumo Groups exclusive financial advisor and Allen & Overy as its legal advisor and Linklaters acted as legal advisor to Jagex. All Rights Reserved. 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. 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. Career information can be found at www.jagex.com/careers. Google Analytics does not identify individual users or associate your IP address with any other data held by Google. Also, follow us onGoogle News,Instagram,andTwitterfor quick updates. [10] Together with its new parent company, the studio opened a subsidiary, Timbre Games, in Canada under the management of Joe Nickolls. For. The newly acquired studio has shipped over 120 games. 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 acquisition cost has not been disclosed, but it certainly isn't cheap. Theyre really strong in PC/Console Games-as-a-Service, theyve been shipping high quality games for decades and have a profitable growing business. It's the first acquisition Jagex has made of an external studio. Sumo Group previously paid $100 million for Pipeworks Studios in 2020. That growth, said Jagex, was due to the overall Runescape franchise hitting the 300 million player milestone, an all-new membership high. 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. 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. Jagex employs more than 450 people and is headquartered in Cambridge, UK. Pipeworks is an Oregon-based studio with over 200 employees. Pipeworks presents an incredible opportunity to bring onboard world-class game development talent. 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. 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, the game company best known for Runescape, announced that it has acquired PipeWorks Studios. It provides full development, co-development, and live operations to premier video game publishers and other partners. "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. Furthermore, we are growing our third-party publishing portfolio with Jagex Partners, our indie publisher for community-driven games. website. The move reflects the publisher's commitment to expanding its team of world-class talent as well as its growth in North America. The newly acquired studio has shipped over 120 games. Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. . This is achieved with continual updates and upgrades, new experiences and can be offered on a subscription basis with in-game purchase capabilities. 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 is an Oregon-based studio with over 200 employees. 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 . JAGEX EXPANDS INTO THE US! Lindsay Gupton, Pipeworks Studios CEO said in a statement, This is an opportunity for us to level up one again because we each bring our own distinct experiences to the partnership. Jagex cng b nhng im ni bt v ti chnh ca mnh cho nm 2021, bo co doanh thu k lc 125 triu bng Anh. 204, Delray Beach, FL 33483, info@tcientertainment.com 7d ago. For over 21 years, Pipeworks has been helping define what's next in real-world interactions by providing full development, co-development, and live operations to premier video game publishers and other partners. 26 days ago. In its financial highlights for 2021, the Runescape maker reported a record revenue of nearly 125 million, up 4 percent from 2020. Founded in 1999, Pipeworks has built a reputation as a global force in gaming and advanced technology solutions for both established and emerging IPs. Employee Benefits. 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. Situated Eugene, Oregon, Pipeworks was actually acquired just two years ago. CEO of Jagex. Pipeworks Studios is a highly established development studio comprising over 200 people based in Eugene, Oregon. Career information can be found at www.jagex.com/careers About Pipework Studios Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. ", 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. We may collect cookies and other personal information from your interaction with our What are your thoughts on Jagex having now acquired Pipeworks Studios? Bachelors Required. please view our Notice at Collection. We are delighted to welcome Pipeworks into the Jagex Family, said Phil Mansell, CEO of Jagex. The games-as-a-service model, or GaaS, allows publishers and developers to monetize video games long after release. Would love your thoughts, please comment. The newly acquired studio has shipped over 120 games. And it follows a spell of high growth . When you visit any website, it may store or retrieve information through your browser, usually in the form of cookies. Jagex, the game company best known for Runescape, announced it has acquired Pipeworks Studio. 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. The acquisition comes after a successful phase of expansion for Jagex in the gaming industry. Jagex has purchased Pipeworks Studio s, marking the company's first major investment in its 23-year history. And we intend to continue to make acquisitions to build out our talent, our portfolio and our player community.. GamesBeat's creed when covering the game industry is "where passion meets business." The RuneScape franchise reached its highest ever number of paid memberships Thursday 27th October 2022 - 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 124.86 million for 2021. Jagex records its highest ever revenue. Pipeworks was founded way back in 1999 and has billed itself as a global force in gaming and gametech. Read about how we use cookies and how you can control them by clicking "Privacy Preferences". Actually plenty of time for them to do it right. Having worked with the studio for a couple of years the culture, the teams 124 Kommentare auf LinkedIn Jagex, the game company best known for Runescape, announced it has acquired Pipeworks Studio. 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 . 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. Sumo Groups only financial and legal advisers were Aream & Co., Allen & Overy, and Jagexs counsel was provided by Linklaters. Use of this website is subject to our Terms & Conditions, Privacy Policy and Cookie Policy. Modern Slavery Act Transparency Statement. 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. 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. This acquisition is part of Jagex's commitment to expanding its team across North America. . Read more about the Jagex acquisition of Pipeworks, HERE, Or discover other potential acquisition targets, HERE, Source: https://wccftech.com/runescape-franchise-creator-jagex-pipeworks/. Our website uses Google Analytics, a service which transmits website traffic data to Google servers in the United States. The newly acquired studio has shipped over 120 games. ", "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. July 21st, 2022 - 04:32pm. such as our recent acquisition of Pipeworks Studios - and celebrate significant milestones like reaching over 300 million accounts . Pipeworks Studios is a studio with talented people, cutting-edge projects, stability, and varietyall in a location with a wonderful quality of life. Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. About Pipework Studios Pipeworks is an innovative, well-established, and respected US video games developer based in Eugene, Oregon. Phil Mansell, CEO of Jagex. The acquisition follows a strong period of growth for Jagex. Knh Tin Game cp nht tin tc Game lin tc 24/24. UK videogame studio Jagex has announced its seventh successive year of growth. RuneScape supremos make first ever studio investment in Oregon-based creators of 'SoccerDie' and 'Prince of Persia Revelations'. In a press release, Jagex CEO, Phil Mansell said, We are delighted to welcome Pipeworks into the Jagex Family. [11] In July 2022, Pipeworks Studios was acquired by Jagex, developers of the RuneScape franchise. The purchase of Jagex comes after a period of rapid expansion for the business. Eugene, OR pipeworks.com Joined May 2009 760 Following 28.2K Followers Tweets & replies Media Likes 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. Jagex one of the leading games developers and publishers in the UK announced the acquisition of US-based developer Pipework Studios. them for, It will be at least a couple of years for the RS3/RS4 port to consoles. Did you miss a session from GamesBeat Summit Next 2022? - Pipeworks Studios Acquisition! 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. Pipeworks. 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. 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. 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. All it has so far specified is that the title is an open-world survival title made in Unreal Engine 5. Jagex, the game company best known for Runescape, announced it has acquired Pipeworks 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. . 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. Super exciting news at Jagex today as Pipeworks Studios join the Jagex family. Jagex has acquired Pipeworks Studios, making this the first major investment in the RuneScape developer's 23-year history. Mansell said, After two decades, the RuneScape MMORPGs are bigger than ever and were working hard to build an even bigger community. Senior Producer with around 30 (yikes) years of development and publishing experience in the videogames industry. After seeing how Pipeworks Studio botched the Terraria port to console and had to be replaced, I can only guess how this will go over. Jagex is known for its flagship product, RuneScape. 7 21 Jagex Pipeworks Studio Jagex 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! 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. As part of the GamingonPhone team, you will be at the cutting-edge of the industry, covering the latest news and trends, conducting developer interviews, and reviewing the hottest new mobile games. Jagex has acquired Pipeworks Studios, a 200-person games development business as it looks to grow its footprint in North America. The acquisition follows a strong period of growth for Jagex. According to Jagex, its interested in growing in North America following its own acquisition by The Carlyle Group for $530 million last year. Jagex, a leading UK video game studio, developer and publisher of the award-winning RuneScape franchise, has announced its seventh successive year of growth - with revenue reaching 124.86mln for . The unannounced survival game is coming to console first. Skip to the content. For more information on the categories of personal information we collect and the purposes we use 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. July 22, 2022. 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.
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