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Torchlight Developer Runic Joins Perfect World

by Phil Kollar on May 17, 2010 at 01:15 PM

We've got a lot of fans of indie Diablo clone Torchlight around the office, and it sounds like we're not the only ones. Chinese MMO publisher Perfect World has acquired a majority stake in Torchlight developer Runic Games.

Perfect World has likely made this decision in equal parts due to the surprise success of Torchlight and in anticipation of Runic's next game, an MMO set in the Torchlight universe. Perfect World also published Torchlight before they had the majority stake.

According to Joystiq, Perfect World has stated that part of their intent with this move is to "create global titles," expanding their market beyond the Chinese MMOs they have become known for. Here's hoping it pays off for Runic, a team that has seen previous struggles in attempts to make an MMO back when they were under the name Flagship Studios.