The intended deal between CD Projekt and Optimus S.A. has been made official, which means the developer owns the public company, getting the studio on the stock market.
CD Projekt will now ”go public and have access” to stock instruments they announce. The deal is reportedly worth $22 million with CDP now controlling 50 percent of Optimus S.A.
”The transaction fully accomplishes the strategic objectives of CD Projekt,” said Adam Kicinski of CDP Investment. ”First of all, as a company we enter the stock market and that means gaining access to capital. That enables us to continue to grow.”
While the exact details of the business deal get a little convoluted, it proves an easier affair that moving CD Projekt from private to a public company itself. ”We also got instant financing and so we can calmly continue our current operations” and ride out the economic ”crisis,” explains Kicinski.
”And all of that while keeping control of the company, what has been crucial to us. What is worth noting is the fact, that we join forces with the company that (just like us) influenced the shape of the Polish computer market throughout the years.”
As long as the development of The Witcher 2 doesn’t get slowed down at all, then we gamers are happy for CD Projekt’s new found stock wealth I’m sure. Do you wish them well?
Who wouldn't want a piece of this?Source: Kotaku
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