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Barbarians at the gates of Britain s games makers
Runescape maker Jagex has been snapped up by US fund giant Carlyle Group. What other M&A is on the horizon for Britain s games makers?
31 January 2021 • 12:00pm
In the mythical world of Runescape, wizards battle with runic powers across the wilderness, knights hone their skills slaying monsters and dragons, and barbarians plot raids on cityfolk.
In the real world, a very different sort of barbarian has orchestrated its own capture of a prize asset. Carlyle Group, the $230bn (£167bn) US buyout fund, has swooped for Jagex, the Cambridge video game developer famous for its 20-year-old Runescape series, bringing to an end a difficult era of ownership under a Chinese corporate. ....

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