How did cd projekt acquire gig from cd projekt?
CD PROJEKT and GOG co-founder Michał Kiciński acquires GOG from CD PROJEKT
Submitted 3 weeks ago by leo@lemmy.linuxuserspace.show to news@lemmy.linuxuserspace.show
Comments
eltrain123@lemmy.world 2 weeks ago
wizzor@sopuli.xyz 2 weeks ago
Gog was owned by CD Project.
Gog now owned by dude.
Dude also own part of CD project.
pulsewidth@lemmy.world 2 weeks ago
It’s a badly-worded title. Better titles:
- “GOG Is Being Acquired by Original Co-Founder Michał Kiciński” - techraptor.net/…/gog-acquired-original-co-founder
- “Co-founder of CD Projekt Michał Kiciński has acquired GOG, the company’s game storefront” - engadget.com/…/co-founder-of-cd-projekt-michał-ki…
pulsewidth@lemmy.world 2 weeks ago
Making it independent from CD Projekt is probably a good thing for conflict of interests, but this seems like it will ultimately change very little as it’s moving from ownership by CD Projekt (and a small group of CD Project co-founders) to ‘independence’ from CD Projekt and ownership by a single CD Projekt/GOG co-founder - who remains the second-largest share owner of CD Project. It only cost him ~$23mil USD BTW, which sounds like a bargain to me, considering CD Projekt Red (while owning GOG) is valued around $10bil US between market cap and assets, and GOG’s slow-but-consistent increase in popularity…
sj_zero 2 weeks ago
It's a shocking deal for the #2 PC game store.