abstract:Runic Games is a Seattle-based American computer game company formed by Travis Baldree (creator of Fate), Max Schaefer and Erich Schaefer (co-founders of Blizzard North, of Diablo fame), Peter Hu, and the Flagship Studios Seattle team responsible for Mythos. It is a subsidiary of Perfect World Co.
RunicGames, the developer behind the long-awaited action-RPG Torchlight 2, has announced that they will be announcing a release date for the game this Friday at PAX Prime.
Blizzard, as one half of the Activision-Blizzard colossus, is a much bigger company than RunicGames and Diablo 3 had a larger budget (in terms of both development and advertising) and a lot more name recognition than Torchlight 2.