Categories: News

CD Projekt RED: “We are not at risk of acquisition”

CD Projekt RED in an interview revealed that he is not aiming for an acquisition by another publisher and wants to remain independent

In the past two years, video game giants like Microsoft, PlayStation, Tencent, Embracer Group and many others have acquired development studios, both large and small, and many have questioned whether other industry studios are also looking to be selected from a potential purchase of these companies. One company, however, which intends to maintain its independence is CD Project RED, the same stated that she rejected the prospect of aacquisition. Let’s see all the details about it in the next lines of this article.

CD Projekt RED: “We are not looking for any kind of acquisition or partner”

Speaking in a recent interview about whether or not the Polish studio could be bought by another company, President Adam Kiciński of CD Project RED he stated that there are no plans in place regarding a possible one acquisition:

We have been saying for years that we intend to remain independent and have no intention of becoming part of a larger entity. Furthermore, we are not looking for a strategic investor.

CD Projekt RED: "We are not at risk of acquisition"

That said, Kiciński also said that the Polish software house itself will continue to look into the possibilities of acquiring more studios, which it has done occasionally in recent months. Earlier this year, CD Projekt acquired Digital Scapes and formed it as CD Projekt RED Vancouver, and just a month ago also acquired the independent developer The Molasses Flood:

As part of the strategic plan update, we announced increased activity in the M&A area, which we have confirmed in the past few months with two deals. Both fit perfectly into our development plans – the Vancouver team has 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 operations of this type in the future. The goal of our acquisitions is to strengthen development teams and gain additional support in implementing our strategy. Therefore, in this type of investment, we are more interested in experience and skills and attach great importance to whether a particular team fits into our group culture.

Meanwhile, in the same interview, Kiciński also confirmed that CD Projekt RED will begin simultaneous development of multiple new AAA projects in 2022. As for the most ambitious degree so far, namely Cyberpunk 2077, all the DLCs and updates planned during the past month have been postponed, more details about it here.

We will keep you updated on all future developments in this regard. In the meantime, always stay tuned to TechGameWorld.com for all the news and curiosities from the world of gaming and beyond. Lastly, for the video game download codes at discounted prices, we invite you to take a look at the Instant-Gaming.com store.

Published by
Stefania Romagnoli

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