forums.rs

Forums

Potential Acquisition - Update Thread is locked

Quick find code: 294-295-346-65774421

of 166
Dilbert2001
Jun Member 2006

Dilbert2001

Posts: 30,168 Sapphire Posts by user Forum Profile RuneMetrics Profile
Tagakhlo said :

But another source of concern is that the People's Republic of China has come under criticism for human-rights violations, and that it has come into conflict with the foreign policy of the United States and its NATO allies.


Even in North Korea, they can't violate any foreigner's rights without a reason. Again, if you don't break laws, they have no excuse to violate your rights. As I mentioned, the Chinese government is still very sensitive on political movements. They don't accept any political parties other than themselves. But other than that, there should not be any problem and there are already many western game developers setting their feet in the Eastern Land for quite a while already. Nobody has any problem. And I don't see why Jagex, a British company, has any reason to get tangled up in politics with the Chinese government.

07-Apr-2016 06:22:21

Angel2D4

Angel2D4

Posts: 15,772 Opal Posts by user Forum Profile RuneMetrics Profile
Tclcis said :
The Chinese government is largely irrelevant.
They are not buying the game, the game isn't being moved to China.

The accuracy of that ^ statement is certainly in question, considering the final approval (as stated by the team representing jagex and/or the owners of) of the Chinese government is a condition to finalizing the deal.

And, nobody is buying the game. They're buying the company called jagex. And, while there is no 'official' word of any move to China, it is still in the realm of possibilities that they could move not only the game to China, but the company as well (and realistically, they could move the company to China and leave the game accessible world wide). "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.

07-Apr-2016 22:50:21

Angel2D4

Angel2D4

Posts: 15,772 Opal Posts by user Forum Profile RuneMetrics Profile
Angel2D4 said :
"Jagex is the developer of the popular online game RuneScape.


On March 14, the shareholders of Willkie client Jagex Limited, a leading independent developer and publisher of online games, agreed to sell their entire shareholding in the company to Chinese buyer Shanghai Hongtou Network Technology Co., Ltd. for an undisclosed sum.

The deal, which is conditional upon government approval in the PRC, is due to close at the end of June.

Jagex is the UK's largest independent games developer and publisher. The company's flagship game, RuneScape, holds numerous Guinness World Records, including that of the world's most popular free-to-play massively multiplayer online game (MMOG).

The deal was handled by corporate partners Gordon Caplan and Matthew Dean and associates Phil Coletto and Gerry Kelly, with tax advice from UK partner Judith Harger and associate Shinasa Was*mi."

--

That says it's already done (only thing they're waiting on is government approval from China) and Willkie represented Jagex, not the mining company.

From page 72

The Chinese government certainly IS relevant here. "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.

07-Apr-2016 22:54:55

Tclcis

Tclcis

Posts: 4,540 Adamant Posts by user Forum Profile RuneMetrics Profile
Being bought BY the government and needing government APPROVAL are two completely separate things.

Its not impossible for them to move the company, sure. Its just HUGELY impractical and will cost far ore money than it will save. So if we assume they want to at least keep their money or make a profit, they wont move the company/game.
What they might d is start up another office to work on the games that are applicable to their market. Such as Chronicle and Idle adventures.

07-Apr-2016 23:29:15

Angel2D4

Angel2D4

Posts: 15,772 Opal Posts by user Forum Profile RuneMetrics Profile
Tclcis said :
Being bought BY the government and needing government APPROVAL are two completely separate things.

Its not impossible for them to move the company, sure. Its just HUGELY impractical and will cost far ore money than it will save. So if we assume they want to at least keep their money or make a profit, they wont move the company/game.
What they might d is start up another office to work on the games that are applicable to their market. Such as Chronicle and Idle adventures.

You made a false claim that the Chinese government was "largely irrelevant". There was no dispute that there's a difference between the company being bought by the PRC and needing PRC approval for the sale to go through. Twist it quick and somebody might miss that you either lied or were wrong in claiming the Chinese government as irrelevant.

Your claim that it's "HUGELY impractical and will cost far ore money than it will save" is also false (or based on the assumption that those currently working for the company would be working for less than those the new owner might employ locally once the purchase is complete).

They don't have to move the game to move the company. And anybody who believes they'll only have interest in one game their new company offers (and not interest in seeing the company as a whole) is only deluding themselves.

None of us can know what savings might be had by them transferring the company (and THIS GAME) to China and limiting access to strictly the Chinese market because we don't know how much current staff works for, nor do we know how much (or how much less) local staff (IN China) might work for (making your cost claim wholly inaccurate with the info currently available). "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.

08-Apr-2016 00:27:47

Tclcis

Tclcis

Posts: 4,540 Adamant Posts by user Forum Profile RuneMetrics Profile
They are largely irrelevant. Are they buying the game? Are they running the company? No.

Hugely impractical and would cost more than its worth. Its not a false claim, its knowing what's involved for something like this to happen. The simplicity of your statement indicates that you do not know or appreciate what is involved for this to occur.

I agree, they are not only focusing on runescape. In fact I believe they will largely ignore runescape and leave that up t the developers in Cambridge. As I stated before, I believe they will use the other games that are more applicable to the Chinese market of games.

Actually we do know how much the staff works for, not individually but as a whole its stated in the financial numbers for Jagex as a cost.

We don't need to know the exact number. But, to put it very simply. Any new staff would have to start from scratch in their understanding of how it runs. Runescape and Jagex servers are run on an in house code that is not available or used anywhere else. This would mean huge costs.

I don't know what your obsession is with saying "limiting it to a Chinese market". It would be counterproductive for everyone.

08-Apr-2016 02:28:52

Angel2D4

Angel2D4

Posts: 15,772 Opal Posts by user Forum Profile RuneMetrics Profile
Oh right, you're the guy who believes there's nobody in all of China capable of learning a code for writing (or even simple upkeep) a game like runescape.. My bad, I had forgotten that part.

I don't need to know much more than the fact that there are many (yes MANY) companies in the states that outsource TO China because it's significantly cheaper to do so (on average, it costs 25% in China v most of the world when we're talking about wages alone). Meaning the bottom line is significantly INCREASED to move it to China.

What I have gathered from the vast majority of your posts is: "it isn't going to move to China because I don't want it to and that's all there is to it!".

Good luck with that and know that I will be laughing my ass off when these forums are restricted to China (right along with the game). "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.

08-Apr-2016 04:30:00

Angel2D4

Angel2D4

Posts: 15,772 Opal Posts by user Forum Profile RuneMetrics Profile
Oh and tcl why would the deal REQUIRE approval of the PRC if they weren't moving it to China? I mean.. you claim the Chinese government to be irrelevant so what is the 'relevance' to the REQUIREMENT for the approval.

If it were going to remain a british company, the PRC -would- be irrelevant. "Nothing in all the world is more dangerous than sincere ignorance and conscientious stupidity" -Martin Luther King Jr.

08-Apr-2016 04:33:48

Tclcis

Tclcis

Posts: 4,540 Adamant Posts by user Forum Profile RuneMetrics Profile
They'd have to learn it from scratch, as I said its only available and used at Jagex HQ. No one else would have knowledge of how its programmed as its not in a typically known language.
If you knew more about the subject then it wold be more apparent as to why this is a big issue.

Yes, in those contexts there are some things that are much cheaper when outsourced. But each one of these has a start up that costs more money to get the ball rolling. However its unique in each case and your use of this example seems to imply you think that its just a copy paste?

Yeah that's not surprising, you seem to ignore that parts where I actually explain the reason behind the opinion. Which furthers on from your general ignorance of the things that would need to happen for Jagex to move.

You'll have to wait quite a fair while :)

Because the money is moving OUT of China. And the PRC doesn't want everyone jumping ship out of the yuan because that would cause it to fall faster and destroy the PRC's economy. So they have to keep tabs on where large amounts of money are going. This isn't limited to just the PRC, most countries will do this.

08-Apr-2016 05:11:53

Quick find code: 294-295-346-65774421 Back to Top