On October 21st, 2009, CDP Investment Sp. z o.o. and Optimus S.A. concluded an agreement in accordance with a letter of intent the companies had signed earlier. The investment contract is valued at 23 million USD. Pursuant to the contract, the owners of CDP Investment will retain control of the CD Projekt Group while gaining control of Optimus by acquiring 50% of the listed company’s shares.

“This transaction represents the full realization of the strategic goals that CD Projekt’s owners set for themselves. Above all, we will become a publicly listed company, which denotes access to capital. That in turn will spur further company growth. The immediate financing we obtained through the deal will allow us to pursue our operational goals in troubled times. We have gained all this while retaining control of the business, which was essential to us. The added spice of the contract is that we are merging with a corporation that, like CD Projekt, has been at the center of the Polish computer market throughout its history,”said CDP Investment stockholder Adam Kiciński.

Good luck.

Best of luck to you all!

So they still own themselves? I mean, the makers of the Witcher didn't get new bosses? So nothing should change?

They bought half of Optimus' shares, so they control both Optimus and CDPR - so nope, they're still their own bosses.  :peace:

Ah, this wasn't clear in the earlier announcement.  Excellent news, then!  I hope your new situation will bring you all that you desire, CDPR.

Oh that is a bit different than I understood from the earlier report. So it's more of a merger with public options. Nice!

My fear level has just gone way down as the CD Project now has more resources at their disposal. ROCKIN!

*happy dance*  ;D

Wait so who bought who?

I was under the impression that it was CDProjekt that was going to sell some of its shares to the other company, but this announcement makes it sound like it's the other way around.

If that's the case, then what on earth does paying 23 mil for 50% of another company have to do with obtaining "immediate financing to pursue operational goals in troubled times."?  ???

Good  ;D

It's all business jargon, but my takeaway is that I will still keep planning my next gaming rig around the requirements for the next Witcher game. Which is  much happiness.

IMPORTANT NOTE TO CDPROJEKT RED: I'M HOPING TO BUILD THIS GAMING RIG NEXT SUMMER. SINCE YOU NOW HAVE  ALL THAT MONEY FROM YOUR MERGER/ACQUISITION, YOU CAN KEEP MAKING WITCHER GOODNESS.  SO HAND OVER ALL THAT BORING BUSINESS STUFF TO YOUR LAWYERS AND GET BACK TO CODING PLEASE, SO THAT THE FIRST GAME LOADED ON MY SHINY NEW COMPUTER WILL BE WITCHER II. YES?
 ;D ;D ;D ;D :beer:

Ay mate, Adam Kicinski is still the boss of our Studio, so you don't have to be worried that someone will come here and change something about our works and plans  ;)

We never lost focus over coding :)

cheers :beer: