Co-founder of CD Projekt Michał Kiciński has acquired GOG, the company's game storefront

Michał Kiciński, co-founder of CD Projekt, has acquired full ownership of nan DRM-free video crippled storefront GOG. The integer video crippled level was started by CD Projekt successful 2008 pinch a stated ngo to preserve "Good Old Games" (hence nan GOG acronym). CD Projekt is known for its crippled workplace CD Projekt Red, nan developers The Witcher bid and Cyberpunk 2077.

GOG said Kiciński bought 100 percent of its shares for PLN 90.7 cardinal ($25 million). The acquisition was afloat financed done committed backing secured astatine nan sale’s closing and did not impact nan waste of immoderate of Kiciński’s CD Projekt shares.

The storefront will proceed to run independently nether its caller owner, sticking pinch its DRM-free accuracy and ongoing activity to support classical titles playable connected modern PCs. After nan sale, CD Projekt and GOG signed a distribution statement that will spot CD Projekt Red games proceed to beryllium listed connected GOG.

While nan property merchandise for nan waste did not database a reason, a report posted Monday nether nan Regulatory Announcements conception of nan CD Projekt website states "the waste of shares successful GOG is accordant pinch nan CD PROJEKT Group maturation strategy, which assumes focusing connected nan halfway business of nan Company, i.e., processing and publishing video games and related projects based connected nan owned and caller franchises." The study besides describes a "competitive waste process," implying that Kiciński whitethorn not person been nan only bidder.

While it seems Kiciński will person a hands-on domiciled successful GOG aft its acquisition, his existent engagement astatine CD Projekt is little clear. He remains a significant shareholder but is not listed connected nan company's Management board aliases its Supervisory board.

This article primitively appeared connected Engadget astatine https://www.engadget.com/gaming/pc/co-founder-of-cd-projekt-micha%C5%82-kicinski-has-acquired-gog-the-companys-game-storefront-174853415.html?src=rss