informa
/
1 MIN READ
News

Perfect World Acquires Majority Stake In Torchlight's Runic

Just after Runic Games' Torchlight revealed it had sold 500,000 units in six months, the game's publisher, Perfect World, has bought an $8.4 million majo
Just after Runic Games' Torchlight revealed it had sold 500,000 units in six months, the game's publisher, Perfect World, has bought an $8.4 million majority stake in the developer. The details come from Perfect World's first quarter financial results, where it said the strategic investment in Runic is geared at strengthening its R&D capabilities. "By collaborating more closely with Runic’s professional team, we seek to combine their creativity and expertise in game development with our deep understanding of the online game market to create global titles," says the company in a statement. On Runic's official website, the company says it's currently working on a new MMORPG in the Torchlight world, with Perfect World to publish. Perfect World is a Beijing-headquartered company that publishes a variety of MMORPGs, including Battle of the Immortals and the eponymous Perfect World. The company has operated a U.S. office, Perfect World Entertainment, since June 2008.

Latest Jobs

Treyarch

Playa Vista, Los Angeles, CA, USA
9.12.23
Senior Level Designer (Zombies)

PlayStation Studios Creative Arts

Petaling Jaya, Selangor, Malaysia
9.14.23
Lead Concept Artist

High Moon Studios

Carlsbad, CA, USA
9.20.23
Technical Designer at High Moon Studios

High Moon Studios

Carlsbad, CA, USA
9.18.23
VFX Artist
More Jobs   

CONNECT WITH US

Explore the
Advertise with
Follow us

Game Developer Job Board

Game Developer

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Advertise with

Game Developer

Engage game professionals and drive sales using an array of Game Developer media solutions to meet your objectives.

Learn More
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more