Jagex hits high in Times tech list

Jagex hits high in Times tech list

By Rob Crossley

September 21st 2009 at 9:50AM

Free-to-play MMO studio named as the 22nd fastest growing tech company in the UK today

MMO developer Jagex has been named as one of Britain’s fastest-growing tech companies in the UK.

The Cambridge-based studio – best known for its free-to-play MMO Runescape – was placed at number 22 in The Sunday Times’ league table of 100 growing tech companies.

Jagex today enjoys an annual turnover of £32.2 million, a figure which has rocketed from four years ago, when the studio was taking in £5.2 million.

That annual turnover growth is largely due to the ever-growing popularity of Runescape (a game which has around 104 million active accounts and is seen as the world’s most popular free-to-play MMO).

“We are delighted we have been included in the report,” said Jagex CEO Mark Gerhard.

“At Jagex we are passionate about the games we make and the technology we have created to develop and deliver our games. This drives us to innovate daily, make great games and fuels our pioneering R&D spirit in terms of tech. Our values and passion have allowed us to grow one of the largest player communities in the world.”

The Sunday Times 100 annual league table is researched and conducted by Oxford-based group Fast Track.