PlayWay S.A. acquired a 74% majority stake in Warsaw-based developer Live Motion Games for a cash contribution of 399,600 PLN.
The investment was finalized following an agreement established in April 2017 to increase the studio's share capital.
The capital injection is earmarked specifically for the development of two titles: a simulation game titled 'Car Trader' and a virtual reality project titled 'Taxi VR'.
This acquisition is part of PlayWay's broader corporate strategy to maintain a decentralized network of specialized studios to diversify its product pipeline.
By securing these intellectual property rights, PlayWay aims to mitigate development risks while expanding its presence in the simulation and VR market segments.
PlayWay S.A. has formally expanded its corporate portfolio through the acquisition of a majority stake in the Warsaw-based developer Live Motion Games. This strategic investment follows the execution of an investment agreement established in April 2017 with partners Michał Kaczmarek and Jakub Trzebiński. By committing a cash contribution of 399,600 PLN toward an increase in share capital, PlayWay secures a 74% ownership interest in the entity once the transaction is finalized in the National Court Register.
The primary objective of this capital injection is to fund the production of two specific software titles currently in development. These projects include a simulation title under the working name Car Trader and a virtual reality project titled Taxi VR. This move aligns with the parent company’s established business model of fostering a decentralized network of specialized development studios to diversify its product pipeline across various genres and platforms.
The transaction highlights a specific moment in the Polish game development sector during the second quarter of 2017, reflecting the ongoing consolidation and incubation strategies utilized by major industry players. By providing financial backing and administrative oversight to Live Motion Games, the parent company aims to mitigate development risks while securing the intellectual property rights to upcoming simulation and VR titles. This acquisition underscores the industry's reliance on structured investment agreements to scale production capabilities and expand market reach within the global digital entertainment landscape.
