Michał Kiciński, co-founder of CD Projekt, whole possession of the DRM-free online game storefront GOG. The digital online game platform was began by CD Projekt in 2008 with a said mission to “Good Outdated Video games” (therefore the GOG acronym). CD Projekt is thought for its recreation studio CD Projekt Pink, the builders The Witcher collection and Cyberpunk 2077.
GOG mentioned Kiciński purchased one hundred pc of its shares for PLN 90.7 million ($25 million). The acquisition was totally financed by means of dedicated funding secured on the sale’s closing and didn’t contain the sale of any of Kiciński’s CD Projekt shares.
The storefront will proceed to function independently underneath its new proprietor, sticking with its DRM-free philosophy and ongoing work to maintain traditional titles playable on fashionable PCs. After the sale, CD Projekt and GOG signed a distribution settlement that may see CD Projekt Pink video games proceed to be listed on GOG.
Whereas the press launch for the sale didn’t listing a motive, a posted Monday underneath the Regulatory Bulletins part of the CD Projekt web site states “the sale of shares in GOG is per the CD PROJEKT Group progress technique, which assumes specializing in the core enterprise of the Firm, i.e., creating and publishing video video games and associated tasks based mostly on the owned and new franchises.” The report additionally describes a “aggressive sale course of,” implying that Kiciński could not have been the one bidder.
Whereas it appears Kiciński could have a hands-on position in GOG after its acquisition, his present involvement at CD Projekt is much less clear. He stays a however just isn’t listed on the corporate’s or its .
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