“We Plan to Remain Independent” – CD Projekt on Potential Acquisition

"We have been repeating for years that we plan to remain independent and do not plan to become part of a larger entity," says CD Projekt president Adam Kiciński.

Posted By | On 26th, Nov. 2021

cd projekt red

The last couple of years have seen gaming giants like Microsoft, PlayStation, Tencent, the Embracer Group, and many others acquiring game development studios, both big and small, and questions about whether other studios in the industry are also looking to be picked up by a potential purchases refuse to go away. One company, however, that plans to retain its independence is CD Projekt.

Speaking in an interview with Polish outlet Rzeczpospolita about whether or not the Polish studio could potentially look to be purchased by another company, president Adam Kiciński said that they have no such plans, nor are they looking for investments or minority stakes from other companies.

“We have been repeating for years that we plan to remain independent and do not plan to become part of a larger entity,” Kiciński said. “We are also not looking for a strategic investor.”

That said, Kiciński also said that CD Projekt itself will continue to examine possibilities of acquiring other studios, which is something it has done on occasion over the last few months. Earlier this year, CD Projekt acquired Digital Scapes and established it as CD Projekt RED Vancouver, and just a month ago, also acquired indie developer The Molasses Flood.

“As part of the strategy update, we announced greater activity in the M&A area, which we confirmed in recent months with two transactions,” Kiciński said. “Both fit perfectly into our development plans – the Vancouver team joined CD Projekt Red, while The Molasses Flood is working on a game as part of one of our franchises.”

“We do not rule out further transactions of this type in the future,” he continued. “The goal of our acquisitions is to strengthen development teams and obtain additional support in the implementation of our strategy.

“Therefore, in this type of investments, we are most interested in experience and competences, and we attach great importance to whether a given team will fit into the culture of our group.”

Meanwhile, in the same interview, Kiciński also confirmed that CD Projekt RED is going to begin simultaneous development on multiple new AAA projects in 2022. Read more on that through here.


Tagged With: ,

Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Dormant 3D Platforming Series Kao the Kangaroo is Getting a New Game This Summer

Dormant 3D Platforming Series Kao the Kangaroo is Getting a New Game This Summer

Developed and published by Tate Multimedia, this reboot of the dormant franchise will be releasing in Summer 2...

Certain Affinity is Working on a Monster Hunter-Inspired Xbox Exclusive – Rumour

Certain Affinity is Working on a Monster Hunter-Inspired Xbox Exclusive – Rumour

Support studio Certain Affinity is allegedly developing the action RPG exclusively for Xbox, and is targeting ...

Daemon X Machina is Free on the Epic Games Store

Daemon X Machina is Free on the Epic Games Store

The mecha title can be claimed for free on PC until February 10th. Yooka-Laylee and the Impossible Lair is als...

Elden Ring – 15 Features You Need to Know

Elden Ring – 15 Features You Need to Know

FromSoftware's biggest game yet launches on February 25th. Here's everything you need to know about it, from t...

Microsoft Can Expect “Even Greater Regulatory Scrutiny” Following Activision-Blizzard Acquisition – Analyst

Microsoft Can Expect “Even Greater Regulatory Scrutiny” Following Activision-Blizzard Acquisition – Analyst

GlobalData's David Bicknell says that Microsoft will be expected to "provide a running commentary on the deal...

Path of Exile: Siege of the Atlas Adds New Eldritch Bosses, Massive Atlas Passive Tree, and More

Path of Exile: Siege of the Atlas Adds New Eldritch Bosses, Massive Atlas Passive Tree, and More

The endgame expansion features a total revamp of the Atlas of Worlds, removing Regions and replacing its Watch...