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Submitted by Pintofbitter 1053d ago | news

EA 'sought to acquire Valve for $1 billion'

Valve company president Gabe Newell says company would 'disintegrate if acquired' (Culture, EA, Industry, PC, PS3, Valve, Xbox 360)

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prototypeknuckles  +   1053d ago
thank god they didnt
nukeitall  +   1053d ago
They would have turned Steam into Origin!

That would be a sad day. We really need another Steam competitor that is as good!
dedicatedtogamers  +   1053d ago
GoG. It doesn't (yet) have as many games as steam, but the games are DRM-free, you don't have to run a client in the background, and they include all manuals. Also, it's a great site if you want to get old, archaic games running properly on your modern computer
Zeixama  +   1053d ago
You sound like "Reapers would have turned Shepard into Husk !" Scaaary!
WrAiTh Sp3cTr3  +   1053d ago
It would've sucked for Pc gamers.
BrutallyBlunt  +   1053d ago
GoG is great, so is Desura, but they don't focus on new big titles. It would be a sad day if EA ever buys Valve.
Wenis  +   1052d ago
Damn, a billion dollars.

Related image(s)
Grap  +   1053d ago
$1 billion is very low for steam. let alone valve who has the biggest IPs in this industry
bubblebeam  +   1053d ago
They said recently GABE became a billionaire, worth about 1.5 billion, as he owns half of all Valve shares.

So basically 1.5 billion times two is what valve is worth, and those tight arses ofer 1Bil?
Lol, imagine how much day one DLC that is ;0
#1.2.1 (Edited 1053d ago ) | Agree(10) | Disagree(0) | Report
kwyjibo  +   1053d ago
Grap, true. But EA may have made the $1B offer years ago. It's also possible that they made an approach just for the Steam side, letting Valve keep the game development.
Sashamaz  +   1053d ago
biggest IPs? Sorry but I disagree.
ATi_Elite  +   1053d ago
I wonder what year this 1$ Billion dollar offer was made cause Valve Makes almost a Billion dollars yearly just off of Steam the last few years.

I enjoy Valve being a Privately held company. They do not have stupid shareholders to answer to but instead they listen to their customers....THE GAMERS!

EA sucks. I just felt compelled to say that!
ritsuka666  +   1053d ago
I love you Gabe and Valve. EA can go for hell no one cares about this stupid company.
subtenko  +   1052d ago
That's what a lot of people should not do; DON'T SELL OUT! Takes notes from Valve :)

Also. I hope EA looks at situations like this and see what problems they have. What if they had a change in heart? Then again what if that was their plan all along O_o maybe I'm thinking about this too much..lol

-EDIT- @ the Who wouldn't wanna own Valve comments,yea but I'm pretty sure we all know one of the reasons Gabe said no. Cause its EA for starters.. lol
#1.5 (Edited 1052d ago ) | Agree(0) | Disagree(0) | Report | Reply
NYC_Gamer  +   1053d ago
EA ruins every studio they touch
HammadTheBeast  +   1053d ago
True. I can guarantee that all these Steam Summer Sales, Humble bundles, free to play games, and basically everything that makes Steam what it is would've been twisted and ruined. Hell, they would've probably put a subscription price on Steam as well.
RickHiggity  +   1053d ago
Probably would have implemented a premium service for Team fortress 2, Counter strike, and Left 4 dead as well. And say goodbye to workshop, because god forbid EA let you have free content
#2.1.1 (Edited 1053d ago ) | Agree(3) | Disagree(0) | Report
tehpees3  +   1053d ago
Good decision. Bioware turned into a shell with their day 1 DLC.
CommonSense  +   1053d ago
Criticize Gabe all you want; he's a smart businessman.
#4 (Edited 1053d ago ) | Agree(21) | Disagree(2) | Report | Reply
HammadTheBeast  +   1053d ago
That's why he's worth billions. Now, with Half Life 3 on the other hand...
0pie  +   1053d ago
is there a company around here that EA did not tried to buy recently?
bubblebeam  +   1053d ago
Actually, they tried buying my local Fish N Chip shop. They ended up declining after they found out people who buy Chips don't like having to pay extra for salt......
True story ;)
ApolloTheBoss  +   1053d ago
That dude has 'crook' all over his face lol.
bubblebeam  +   1053d ago
Hahaha all the EA employees do.

They all have that typical cheesy rich bad guy look we are used to seeing in hollywood movies. Too bad Bruce Willis aint kicking their A$$ES
Sketchy_Galore  +   1053d ago
You should've seen the pic before they photoshopped out the horns and the tail.
FarCryLover182  +   1053d ago
Maybe $5 billion.....sorry EA. Not everyone is for sale.
nchizimbi  +   1053d ago
For me, Valve is THE company that brings balance to the games industry. We (gamers) need them in their current independent state. Yes, Valve is a business, BUT first/foremost is that they are gamers... creativity/development is their priority.

A buyout would definitely limit progress or ruin the culture that is within Valve (eventually destroying the company)... just look at Bioware, which I believe is slowly heading to its destruction. I was one of Bioware's fans who wasn't too happy with EA acquisition of the Mass Effect developer.

If I owned Valve, no matter the offer, I wouldn't sale it.
#8 (Edited 1053d ago ) | Agree(8) | Disagree(3) | Report | Reply
Megaton  +   1052d ago
Thankfully, Gabe is of the same mind, saying he'd rather the company disintegrate than sell out. One of their greatest strengths is their independence. They don't even have shareholders. Valve is one of the great pillars of gaming, and hopefully they always stay that way.
ame22  +   1053d ago
EA can't help but turn gold into s**t.
FarCryLover182  +   1053d ago
If EA would have bought them, we would be on Left 4 Dead 5 by now.
black911  +   1053d ago
This is Like Microsoft Trying To buy Rare.
FarCryLover182  +   1053d ago
Hmm?
No Way  +   1052d ago
black911 -
..what?
black911  +   1052d ago
For those of you that don;t get the the joke. What has Microsoft done to Rare Studios?
topekomsi  +   1052d ago
Microsoft aquired RARE in 2002 after a bidding war with ninty and acti.
HonestDragon  +   1052d ago
And Microsoft still hasn't done anything worth while with Rare or their titles. Banjo-Kazooie had one lame title on the Xbox 360, Perfect Dark had a lackluster addition, and Microsoft shot down Rare's attempts at a Killer Instinct 3 game. It's a shame really. Those games could live up to a lot, yet Microsoft is just having Rare make Kinect games. Whoopee...
topekomsi  +   1052d ago
Yup and i agree what a waste, those guys are professionals from way back and they deserve to be back working on AAA titles. Killer instinct would be A-funkin-mazing. Cinder was my joint.
shutUpAndTakeMyMoney  +   1053d ago
EA GTFO!!!
Saryk  +   1053d ago
The questions is this:

What would happen if EA did take over? I felt butt hurt when Gamefly bought Direct 2 drive. I still haven't gotten all my games back and I only had about 30. I have over 200+ games on Steam.
beerkeg  +   1053d ago
So you bought a load of games, they were bought out and you lost all the games? That's pretty crappy.
Saryk  +   1053d ago
I didn’t lose all, but did lose some or to put it another way. I do not have those games available to download from Gamefly. I do have the ability to Torrent those games and use the legit keys, if I wanted. I made the mistake of buying a game on Gamer’s Gate that I had on Gamefly (Battlestation Pacific). I used the key code I have from Gamefly on the game from Gamer’sgate. Didn’t work……………
GearSkiN  +   1053d ago
Sorry ea poor you.....
AngelicIceDiamond  +   1053d ago
EA, keep your hands to your self honestly....

Nobody likes you like they used to.
No Way  +   1052d ago
Guess you can't blame them; who wouldn't wanna own Valve?
Tzuno  +   1052d ago
Valve will be the new EA in therms of how much they will expand and make money.
Treian  +   1052d ago
ROFL COPTOR
HonestDragon  +   1052d ago
It would be horrible if EA bought out Valve. Good thing it didn't happen.

Although if they did, I can see it now...Counter Strike with two spin off series and re-releases with added content you could get for less when bought separately. Left 4 Dead would have more maps and weapons to buy, but it's not with the game. Team Fortress 2 won't be free to play anymore. Half-Life would get more sequels than it needs. Portal will have more action than puzzle solving, DLC costumes for Chell, and DLC colors for portals you make.

Yeah...just no, EA. Valve is better off without you.
Megaton  +   1052d ago
Funny thing is that Valve is estimated to be worth more than EA. Valve should counter and buy them. Save Mass Effect and Dead Space from EA's clutches.
Bladesfist  +   1052d ago
Valve is worth 3 billion.
EA is worth 5 billion.
But steam has at least doubled its profits every year for 7 years so It will probably overtake EA.

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