Sony Acquisition Denied by CD Projekt Red, Shuts Down Sale Rumors

Sony Group Corporation was rumored to be in talks to acquire CD Projekt Red, a video game development studio headquartered in Warsaw, Poland. Not long after the reports came out, the publisher of the popular "Cyberpunk 2077" game denied it is selling the company.

CD Projekt said Sony Corp. is not taking over the company because there they are not even negotiating for any deal. The Polish company further pointed out that its business is not for sale in the first place.

It was the chief executive officer of the game developer who personally refuted the rumors of CD Projekt's supposed sale to Sony. As per Reuters, Microsoft was also previously rumored to be eyeing the takeover of CD Projekt, but this was denied as well.

To further prove that its business is not for sale, the gaming firm mentioned that it is actually preparing for the expansion of its "Cyberpunk 2077" action role-playing video game. So far, the company already sold more than 20 million copies of the said game title.

In addition, its other video games, such as "The Witcher 3: Wild Hunt," is also doing very well in the market. This particular title has sold over 50 million copies as of this time, with the entire trilogy of the game surpassing the 75 million copies mark.

"Nothing has changed on our end. I can repeat what we have been saying throughout the years - CD Projekt is not for sale," the video game publisher's president and CEO, Adam Kicinski, said in a statement during a recent conference call. "We want to remain independent and it is very exciting to follow our own path, so it is pure rumor."

Meanwhile, Game Rant reported that the rumor about Sony's acquisition of CD Projekt surfaced after a person who is known to be a leaker of information shared the news with the gaming community. He is said to be considered "reliable" in the industry as he has been sharing accurate information about the "Destiny" video game for some time now.

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