In the past few years, we have often seen the news of the acquisition of large and small game development studios by game industry giants such as Microsoft, Sony, Tencent, Embracer Group, etc. The question remains whether other studios in the industry are also seeking potential acquisitions. However, there is one company that plans to maintain its independence, and that is CD Projekt.
In an interview with Polish media Rzeczpospolita, Adam Kiciński, president of the studio, said that they have no such plans, nor are they seeking investment or minority stakes from other companies. Kiciński said: We have been reiterating over the years that we plan to remain independent and do not intend to be part of a larger entity.” “Nor are we looking for strategic investors.
Kiciński also said that CDProjekt itself will continue to study the possibility of acquiring other studios, and the company has made similar moves in the past few months. Earlier this year, CDProjekt acquired Digital Scapes and renamed it CDProjekt RED Vancouver. A month ago, CD Projekt also acquired the independent developer The Molasses Flood.
Join RealMi Central on Telegram, Facebook & Twitter
As part of the strategic upgrade, we expressed that we will be more active in the field of mergers and acquisitions. We have confirmed this through two transactions in recent months. Kiciński said, These two studios are very in line with our development plan- The Vancouver team has joined CD Projekt Red. The Molasses Flood is developing a game that also exists as part of our IP.
We do not rule out further such transactions in the future, he continued. Our acquisition goal is to strengthen the development team and obtain additional support in the implementation of our strategy. Therefore, in this type of investment, we are most interested in experience and ability. We attach great importance to whether a specific team can be integrated into our company’s culture.
In the same interview, Kiciński also confirmed that CDProjekt RED will start the simultaneous development of multiple new 3A projects in 2022.