Indian company purchases fifty percent stake in Codemasters

While some gamers in the US may not be immediately familiar with Codemasters, we know our readers across the pond will immediately recognize them as the company with the rights to publish Lord of the Rings Online, Dungeons and Dragons Online, and (the "who-knows-when-it-will-release") MMO Jumpgate Evolution overseas. With that said, last year we heard that the COO at Codemasters, Tony Williams, decided to step down from Chief Organizational Officer. Not too long after that, there were rumors that Warner Brothers was looking into buying the company. Today, it seems that a company from India called Reliance Big Entertainment has pounced, and now owns a 50% stake in Codemasters.

Apparently, Reliance Big Entertainment is very well known in India. It's subsidiary company, Zapak Digital Entertainment, owns the largest online gaming portal in the country as well. This gaming-specific company will be the one in charge of overseeing the investment in UK-based Codemasters.

As to what this could mean for MMO gamers in the EU, we'll have to wait and see. Perhaps Reliance/Zapak will see fit to close the gap in differences from the Turbine-controlled version of Lord of the Rings Online. Or perhaps this new company will finally roll the Codemasters version of Dungeons and Dragons Online over to the same free-to-play model that has been such a huge success for Turbine in the States. No matter what, this is going to be interesting to watch.

[via Joystiq]