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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), Peter Hu, and the Flagship Studios Seattle team responsible for Mythos. It is a subsidiary of Perfect World Co., Ltd. In 2009, the company released Torchlight, a single-player action role-playing game, and they are currently developing a sequel and a massively multiplayer online role-playing game set in the Torchlight game world.