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Leo@lemmy.linuxuserspace.showM to Linux and Tech News@lemmy.linuxuserspace.showEnglish · 5 days ago

CD PROJEKT and GOG co-founder Michał Kiciński acquires GOG from CD PROJEKT

www.gamingonlinux.com

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CD PROJEKT and GOG co-founder Michał Kiciński acquires GOG from CD PROJEKT

www.gamingonlinux.com

Leo@lemmy.linuxuserspace.showM to Linux and Tech News@lemmy.linuxuserspace.showEnglish · 5 days ago
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  • cross-posted to:
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  • [email protected]
GOG is breaking off from CD PROJEKT with 100% of it now owned by one of the original co-founders, Michał Kiciński.
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  • pulsewidth@lemmy.world
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    4 days 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) was mostly recently valued around $10bil US between market cap and assets, and GOG’s slow-but-consistent increase in popularity…

    • sj_zero@lotide.fbxl.net
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      1 day ago

      It’s a shocking deal for the #2 PC game store.

  • eltrain123@lemmy.world
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    5 days ago

    How did cd projekt acquire gog from cd projekt?

    • wizzor@sopuli.xyz
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      5 days ago

      Gog was owned by CD Project.

      Gog now owned by dude.

      Dude also own part of CD project.

    • pulsewidth@lemmy.world
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      4 days ago

      It’s a badly-worded title. Better titles:

      • “GOG Is Being Acquired by Original Co-Founder Michał Kiciński” - https://techraptor.net/gaming/news/gog-acquired-original-co-founder
      • “Co-founder of CD Projekt Michał Kiciński has acquired GOG, the company’s game storefront” - https://www.engadget.com/gaming/pc/co-founder-of-cd-projekt-michał-kicinski-has-acquired-gog-the-companys-game-storefront-174853415.html

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