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CD Projekt on Being Acquired: 'We Plan to Remain Independent'

CD Projekt on Being Acquired: 'We Plan to Remain Independent' - News

by William D'Angelo , posted on 01 December 2021 / 2,182 Views

CD Projekt President Adam Kiciński speaking in an interview with Polish website Rzeczpospolita was asked if there was a chance the studio could be acquired and Kiciński said the company is not looking to sell and is not looking for investments. 

"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."

Kiciński added CD Projekt will continue to look at acquiring other studios. The studio this year acquired The Flame in the Flood and Drake Hollow developer The Molasses Flood and Vancouver-based developer Digital Scapes.

"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. 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."


A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.


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7 Comments
shikamaru317 (on 26 November 2021)

I doubt anybody wants to acquire them considering their market cap is still $4.4b. That is more than half of what MS paid to acquire all of Zenimax, an acquisition that included 7 AAA studios and many popular IP like Elder Scrolls, Fallout, Doom, Quake, Wolfenstein, Dishonored, Evil Within, and more. A CD Projekt acquisition gets you like 2 AAA teams and a few smaller teams, GOG, and the Cyberpunk and Witcher game licenses (which will eventually expire and need to be renewed). It's just not worth it to acquire CD Projekt currently. Maybe if they redeem themselves on Witcher 4 eventually.

  • +1
Mnementh shikamaru317 (on 28 November 2021)

I would say they are too expensive as you say, but their IPs are actually worth a lot.

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Chazore (on 26 November 2021)

Keep doing damage control instead of fixing your games and relying on marketing hype alone, instead of making quality games, and you won't be independent for very long.

  • +1
CaptainExplosion (on 28 November 2021)

At least they're not owned by Tencent. I wouldn't wish that on any dev no matter how much they fuck up.

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Bristow9091 (on 26 November 2021)

I mean, who'd WANT to acquire them after the shit show that has been Cyberpunk 2077 lol, doubt many big publishers have any faith in them right now...

  • -1
Zkuq Bristow9091 (on 26 November 2021)

I don't know how much the refunds and all the bad publicity have cost, but around release, the game sounded very profitable, so definitely sounds like someone someone might want to acquire.

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pokoko Bristow9091 (on 26 November 2021)

There is no publisher that wouldn't kill to own The Witcher brand.

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