Jagex Ltd. (or Jagex Software/JAGeX) is a British producer of Java-based online computer games. The name "Jagex" stands for Java Gaming Experts. The company is best-known for its browser-based MMORPG, RuneScape, and also operates FunOrb, a mini-games website.
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Jagex Ltd. (or Jagex Software/JAGeX) is a British producer of Java-based online computer games. The name "Jagex" stands for Java Gaming Experts. The company is best-known for its browser-based MMORPG, RuneScape, and also operates FunOrb, a mini-games website.
History
Andrew Gower began trading under the Jagex name in 1999, describing Jagex Software as a "small software company based in England who specialise in producing top-quality Java-games for webpages". That same year, he began work on the MMORPG RuneScape alongside his brother Paul Gower. RuneScape was released in January 2001. In December of that year, Andrew Gower, Paul Gower, and Constant Tedder launched Jagex in its current incarnation, with Constant Tedder as its CEO. . The company was incorporated on 28 April 2000 as Meaujo (492) Limited, and changed its name to Jagex Limited on 27 June 2000. It formally acquired the Jagex name from Andrew Gower in 2001.
One year after its release, RuneScape already had over one million free accounts registered. The first tasks of the company were to create a version of the game with extra features that required a £3.20 ($5USD)($7.50C$)monthly fee, while still offering the free version, and to develop partnerships with advertisers. Both tasks were achieved, and the pay-to-play version of RuneScape was released on 27 February 2002. It gained 5,000 subscriptions in the first week, making RuneScape one of the largest Java pay to play games in the world.
As RuneScape's popularity grew, so did Jagex. By December 11, 2003, RuneScape had 65,000 paying members, and Jagex had 29 employees. As of May 4, 2007, RuneScape has over 6,000,000 active free accounts and over 1,000,000 active pay-to-play subscribers, and Jagex currently has over 400 employees. In 2006, founders Andrew Gower and Paul Gower were calculated to be worth £32 million. Jagex received an investment from Insight Venture Partners in October 2005. The company had been self-funded before this investment.
On October 23, 2007, Geoff Iddison, former European CEO of PayPal, replaced Constant Tedder as CEO in order to "accelerate international growth". Since Geoff Iddison was appointed, Jagex has appeared in the press far more frequently than it had under Tedder.
On February 27, 2008, Jagex released FunOrb, an online mini-games portal, with 18 launch games. Like RuneScape, FunOrb is written in Java and can be played from a browser.
A "High Detail" version of RuneScape was launched as a "Live Beta" on July 1, 2008. .
On July 25th, 2008, Jagex released its first novel - RuneScape: Betrayal at Falador , written by TS Church. To promote its release 10 of the pre-ordered copies were signed by TS Church, Andrew Gower, Paul Gower, Jagex CEO Geoff Iddison and the cover artist. The book was published by Babel Interactive Ltd of Worcestershire.
