RuneScape Forum Archive | Potential Acquisition

Nexus Origin

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@Nexus0rigin

Are they buying out Jagex or Runescape? The offer is to purchase Jagex as a whole. RuneScape itself isn't being offered up for sale, it will still remain the property of Jagex Ltd.
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17-Mar-2016 12:57:34

Feb

2018

Scouse

Posts: 29,019 Sapphire Posts by user Forum Profile RuneMetrics Profile

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@Nexus0rigin

Are they buying out Jagex or Runescape? The offer is to purchase Jagex as a whole. RuneScape itself isn't being offered up for sale, it will still remain the property of Jagex Ltd.

Why could jagex not come out with a statement of this nature, it would have eased almost everybodies minds "including myself" and this would have not gotten this far.

P.S

Now i really think you are @JagexNexus

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August 15th 2017, the day Jagex freed me

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17-Mar-2016 13:01:15

Nexus Origin

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Why could jagex not come out with a statement of this nature, it would have eased almost everybodies minds "including myself" and this would have not gotten this far. Because regardless of what Jagex states, a large number of players either won't read it, or will simply ignore it and make random statements about bots and attempt to predict the end of the world.

If you look at the statements made on page 1 of this thread, you'll see that Jagex has stipulated that one of the main points of the deal is that RuneScape remains a community driven and studio developed game. But that doesn't stop people from saying things like "They will kill the game!" and the game will suddenly be flooded with MTX (even though it explicitly states on page 1 that the deal will not have any affect on the amount of MTX).
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17-Mar-2016 13:11:43

Mar

2017

Windsofnight

Posts: 6,634 Rune Posts by user Forum Profile RuneMetrics Profile

Reference: Post 41.9

"My opinion is that the majority of players seem to be overreacting without having done any actual research. The fact that the Financial Times referred to them as a "lossing" company isn't helping either."

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It is understandable why the community is reacting the way they are to the news that Jagex has sold the company to a Chinese firm.

I am pretty sure no one expected that their personal data would be sold by Jagex to China (of all places) especially in light of the fact that Jagex has publicly pointed to China all of these years as the main source of their revenue loss from bots, goldfarming & hacked accounts.

You might want to read post 37.8 as it contain a copy of the press release by Shandong Hongda for the ChinaGoAbroad article published March 15, 2016.

"Shandong Hongda hopes this acquisition will diversify its business operations and bolster its profitability. This investment is expected to bring Shandong Hongda a RMB50m (*7.7m) return on investment."

As noted in the article Shandong Hongda "expects" a 7.7m return on their initial investment. (Hope you don't think that isn't an annual investment return projection because it would be.) Do the math.

Based on that fact alone, the game will be changing no mater how you slice & dice it.

It is also worthwhile to mention that Shandong Hongda will not be just "an investor" who has a limited say in how the company is run but rather they will be the owners.

Tbh, it is likely that the employess of Jagex are just as concerned about this news as Jagexs customers are. Company acquisitions, especially by foreign firms can tough on employees.

It is interesting that Jagex will now be a Chinese company based in the U.K.

Lol, who would of saw that coming?

WHERE IS MY INGAME RSOF TITLE?!

17-Mar-2016 13:13:50

Mar

2017

Windsofnight

Posts: 6,634 Rune Posts by user Forum Profile RuneMetrics Profile

Post 43.1

"The offer is to purchase Jagex as a whole. RuneScape itself isn't being offered up for sale, it will still remain the property of Jagex Ltd."

Runescape is part of the Jagex Ltd "brand", (RuneScape is Jagex Ltd cash cow that was sold).

Reference press release (post 37.8):

"Jagex Ltd is UK’s biggest game developer and distributor and reported a net profit of £23.7m in 2015. The most popular game developed by Jagex, RuneScape, holds the Guinness World Record for “biggest multi-player online role playing game”, and has generated *725m in revenue over the past ten years."

WHERE IS MY INGAME RSOF TITLE?!

17-Mar-2016 13:15:13

Kelso

Posts: 485 Silver Posts by user Forum Profile RuneMetrics Profile

I'm so glad I'm not as invested in this game as I was when IVP took majority share. Don't expect anything good from this folks...especially from a company in China.

So ya basically good job Jagex selling yourself to the country that had sweat shops devoted to profiting off your game, against your rules.

17-Mar-2016 13:18:03 - Last edited on 17-Mar-2016 13:21:42 by Kelso

Xanadu

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If you look at the statements made on page 1 of this thread, you'll see that Jagex has stipulated that one of the main points of the deal is that RuneScape remains a community driven and studio developed game..

The "now" Jagex are saying that, yes but you nor anyone else knows what will happen if the takeover goes ahead. There have been far too many "promises" given to us by the "now" Jagex and those promises have been broken. Plus I think when we say "They will kill the game" I for one mean they will change the game and kill what we now know as Runescape.

17-Mar-2016 13:18:17

Nexus Origin

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It is understandable why the community is reacting the way they are to the news that Jagex has sold the company to a Chinese firm. Jagex HASN'T sold the company. It is important to note that nothing has been agreed upon yet, only that a discussion about the potential acquisition is in the works. The deal may or may not actually happen.

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I am pretty sure no one expected that their personal data would be sold by Jagex to China (of all places) especially in light of the fact that Jagex has publicly pointed to China all of these years as the main source of their revenue loss from bots, goldfarming & hacked accounts. If you're worried about any personal data Jagex has collected about you, you can contact them and request that any personal data be removed. As for the bot/goldfarming/hijacking comment, it's a bit discriminating to judge every person and company in China based on the actions of a relatively small number of people.

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As noted in the article Shandong Hongda "expects" a 7.7m return on their initial investment. (Hope you don't think that isn't an annual investment return projection because it would be.) Do the math. The deal being discussed is not a flat out $300m deal. What was stated is that the deal will not exceed $300m. The deal may end up being a lower amount. However, even at $300m, the math isn't bad. I know some people will look at it and thing "It will take them almost 40 years to make their money back!". Those people are forgetting one thing; they will own shares in Jagex. Those shares can be sold at any point in time. If they sell the shares for $300m in 5 years, that's $300m + the 7.7m (which could go up or down) per year for doing nothing but owning the company.
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McDelivery Now Available In Canada

McDonalds

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I'm lovin' it.

17-Mar-2016 13:44:24

hell no noob

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Hmm... Let's see..

New combat came out - "Can we have the old style back please?" - Jagex = "No chance" ---We now have legacy.

"We want an '07 version of RS"- Jagex = "NOT POSSIBLE, we just don't have the servers anymore. We now have a pathetic version of osrs.

"Can we buy RS gold?"- Jagex= NO! Your account will be banned! We can now buy gold.

I could go on but it's just not worth the research because us long time players know all of the "facts" you've posted on the first page will be different to what we'll have in game.

I'll continue to play and pay for members via bonds bought ingame with skilling (NOT paying real money) because I know that this is the start of the end. ooo ooo you forgot one "We will not be making anymore holiday item tradable, it's detrimental to the economy and the game." said by the fat man himself mod mark. when jagex says they're not going to do something take that as a hint that it most likely will happen.

17-Mar-2016 13:46:32

Ownage Omg

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I'm surprised no one else has really picked up on the extreme vagueness of the wording.

Trust me mate, I picked up on that a looooooong time ago. I just picked up on it recently hence my earlier posts lol.

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17-Mar-2016 13:53:18

Forums

Potential Acquisition - Update

Nexus Origin

Scouse

Nexus Origin

Windsofnight

Windsofnight

Kelso

Xanadu

Nexus Origin

hell no noob

Ownage Omg