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Jagex Acquires Scum Developer Gamepires

Dec 14, 2022almost 3 years ago

Acquiring Company

Jagex

Acquired Company

Gamepires

CambridgeshirePublishingVideo GamesGamingVideo GamesGaming

Description

Jagex, the leading developer and publisher of community-driven games, today announced the acquisition of Gamepires, a highly successful game development studio of 50+ experienced developers best known for its open world survival title, SCUM.

Company Information

Company

Jagex

Location

Cambridgeshire, England, United Kingdom

About

Jagex, a leading developer of deep and engaging live games for PC and mobile, is best known for its flagship MMORPG, RuneScape. With over 300 million player accounts created, RuneScape has become a $1 billion lifetime revenue franchise. Headquartered in Cambridge, Jagex employs more than 450 people and continues to grow its community-focused game studio network, acquiring Pipeworks in 2022. Through Jagex Partners, its third-party publishing division, the company supports developers of community-driven games.

FundzWatch™ Score

60
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed