Video game development studios continue to change hands this year as Jagex announces acquisition of Piping studiosan Oregon-based developer who has worked on various games for major publishers such as Activision, EA Sports, and Wizards of the Coast.
According to Press release, the acquisition is part of Jagex’s efforts to diversify and grow in North America and beyond. “Marking its first-ever acquisition of an external studio, this transaction reflects Jagex’s commitment to expanding its team of world-class talent, as well as expanding its presence in North America,” the UK studio announced.
Pipeworks Studios was founded in 1999 by two former developers from Dynamix, a now defunct mid-1980s studio. the reins before Jagex acquired the studio. Pipeworks now has over 200 employees and a portfolio of over 125 games.
“We are delighted to welcome Pipeworks to the Jagex family,” said Phil Mansell, CEO of Jagex. “Pipeworks presents an incredible opportunity to onboard world-class game development talent. The studio brings elite-level game development expertise, particularly in games as a AAA service, with an exemplary track record of collaborations with the best game creators in the world. Lindsay (CEO of Pipeworks) and his team have led a successful and profitable group for many years, and we look forward to working together to publish the intellectual property developed by Pipeworks and accelerate its growth.”
“This is an opportunity for us to step up once again as we each bring our own distinct experiences to the partnership,” said Lindsay Gupton, CEO of Pipeworks Studios. “Jagex’s approach of providing a premier platform for developers to build enduring, content-rich community games fully aligns with Pipeworks’ work-for-hire model and focus on game creation. and innovative technologies.
The press release notes that Pipeworks will continue to operate independently and will be permitted to continue to co-develop games with its existing customers and publisher partners around the world. Terms of the acquisition were not disclosed.