Sony wants to buy CD Projekt Red, according to reports

Nowadays, it is not strange to see how groups of large companies are hunting for video game studios. We have examples like Embracer, NetEase, Tencent, and even Microsoft. However, another company that has joined the party is Sony, which has already taken a step by buying Bungie. But it seems that it will not stop there.

According to a report by Exputer, an industry analyst, rumors have surfaced that Sony wants to acquire CD Projekt Red, the creators of Cyberpunk 2077 and The Witcher. However, another well-known analyst, Rythian, claimed that these are not rumors and that Sony has been quietly trying to buy the studio.

It’s not a rumour, Sony has approached CD Projekt multiple times. Hence why CD did that entire thing with announcing several The Witcher games alongside new Cyberpunk, it’s to increase their stock before acquisition. https://t.co/FBzNdJEfqU

— Rythian (@LumberjackRy) October 25, 2022

It would be necessary to see the value that CD Projekt has in the market, after having established itself as a studio that produced jewels. Before the debacle of Cyberpunk 2077the Polish company had a market value of $8.13 billion, surpassing Ubisoft and becoming, at the time, the most valuable video game company in Europe.

After the crash of Cyberpunk 2077, the value fell by 75% and for July of this year a market valuation of $2,110 million was reported. Currently and according to data from Companies Market Capin this month, the company The Witcher It is worth $2600 million.

Recently, Cyberpunk 2077 has been better rated thanks to the updates and the success of the series Cyberpunk: Edgerunners from Netflix. This has given the game a second wind in recent months.