CD Projekt Red ‘not interested’ in being acquired

Cyberpunk and The Witcher developer CD Projekt Red is “not interested,” in being acquired according to the company’s outgoing CEO.

In an interview with Parkiet, Adam Kiciński (who stepped down as CEO on January 1 and assumed the role of Chief Strategy Officer) addressed rumors that the company is looking to be acquired.

“These are just rumors. We have always had a clear position, supported by the regulations included in the statute,” Kiciński said.

“We are not interested in being included in any larger entity. We have worked our whole lives to get to the position we have now. And we believe that in a few years we will be even bigger and stronger. We have ambitious plans and we are passionate about what we do. We value our independence.”

Later in the interview, he said “Independence is really attractive, it’s a kind of freedom.”

Kiciński also spoke on the potential for the company to make acquisitions of its own in 2024, saying “We do not plan any acquisitions at this time. Of course, we are open to ideas that could accelerate the implementation of our strategy. But we are not interested in purchases that would only aim to include the acquired companies in our group and consolidate their financial results. We don’t see the value in it.”

CD Projek’s latest release, the Phantom Liberty expansion for Cyberpunk 2077, was met with strong reviews and renewed goodwill in the game following its rocky launch in 2020.