Legal

Raport Bieżący Nr 34/2020

15 September 20201 pages105 words

Summary

PlayWay S.A. has expanded its corporate portfolio through the strategic acquisition of a majority stake in 3RStudio Mobile, a development studio based in Poznań, Poland. On September 15, 2020, the Warsaw-based publisher secured 75% of the share capital in the entity, representing 40,000 individual shares. While the nominal value of these shares is recorded at 2 million PLN, the transaction was executed for a total purchase price of 40,000 PLN. This acquisition allows PlayWay to consolidate its influence over the studio's operational direction and future output. The primary objective of this investment centers on the technical adaptation and expansion of existing intellectual property into the virtual reality market. Specifically, 3RStudio Mobile is tasked with the development and delivery of a VR version of Thief Simulator tailored for the Oculus Quest platform. This move aligns with broader industry trends of porting successful PC and console titles to standalone VR hardware to capture a growing segment of the immersive gaming market. This transaction, disclosed under market abuse regulations regarding inside information, highlights a low-cost entry into specialized VR development capabilities. By integrating 3RStudio Mobile into its ecosystem, PlayWay secures the necessary technical expertise to translate its popular simulation titles into high-growth hardware ecosystems. The agreement underscores a focused effort to leverage established brands through platform diversification and targeted studio acquisitions within the Polish game development sector.

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Raport Bieżący Nr 34/2020

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