Witcher Dev CD Projekt Merges with Polish Company, Plans to Go Public
by Nick Breckon, Oct 02, 2009 1:00pm PDTCD Projekt, the Polish developer of the cult favorite PC RPG The Witcher, is set to be acquired by the "nearly defunct" Polish computer company Optimus S.A.
In an easily confusing set of financial trickery, the move will actually allow the owners of CD Projekt to become the owners of the new public company, enabling the once-private company to go public on the stock exchange.
"Since Optimus is a stock market company, CD Projekt will in fact go public and have access to all stock instruments," said a CD Projekt spokesperson to Kotaku. "Ultimately, this means money for future development of the whole company."
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Comments
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But I should have just read the Kotaku article in the first place, which states exactly what I speculated:
From the sound of Polygamia's story, it sounds like this buyout is to enable CD Projekt, a private company, to enter the stock market as a publicly traded company without the necessary formalities.
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