Microsoft is not buying Valve and Counter-Strike for £12 billion
A rumour that Microsoft wants to take over the PC market with a £12 billion acquisition of Valve is being ridiculed on social media.
I'm a PC gamer and have been since I was a kid. It's literally my number one thing I do when I have free time is get on some games and hang with the boys. It's a big part of my life.
As game companies go, I don't trust Microsoft, EA, Ubisoft, Blizzard, Bethesda, Sony, Epic Games... It's a long list. Valve is the only company I even kinda trust (Which isn't even that much these days). If Microsoft bought Valve I'd probably never buy a PC game again. Because all the companies selling them would be companies I don't wanna give money.
But it's not true that they were buying it so it's a moot point. Just wanted to rant. :)
GabeN has pretty much all the moneys and doesn't seem to be the kind of guy who needs a dick shaped rocket to feel like his daddy loves him. The only way Valve is going anywhere is after he kicks it.
Without digging too far, seems hit net worth is around $6 billion. Obviously that's nothing compared to say Bezos but if he wanted to ride a dick-shaped rocket into space I'm sure he could arrange it. He does, however, own the sub that holds the records for deepest crewed dives in all 5 oceans: https://en.wikipedia.org/wiki/DSV_Limiting_Factor
As you said though, he seems to be pretty much chill and until the day he passes away I think Valve is safe. And that will be a sad day...
He doesn't want a dick-shaped rocket, he's more into yachts, apparently. I understand he owns several large ones.
He did send a gnome into space on a rocket although it was for charity.
Preach on man... I feel the same way. If microshit bought Valve, I'd never buy another thing on the platform. And you could effectively forget Linux gaming as well.
well, it's not like existing contributions would disappear even if that happened; such is the beauty of open source
if microsoft bought valve, i would radicalize pretty badly. Not much else to do after ones only real hobby goes up in flames.
I'm sorry...ppl thought this was real? They paid like 60 something billion for blizz. VALVE is EASILY worth that, if not double.
Obviously this is fake, but if it was spinning off steam from the game developer, then maybe?
$12b seems far too low by that comparison. 30% of all games sales would be an outrageous annual figure.
If steam is included, 12b is a joke, if just valves game rights, meaning HL and CS, then the price is not THAT stupid (still quite).
Maybe this would be the way go get HL3, it would ofc be horrible cashgrab, but HL3 would be out.
Edit: bit details, in 2021 Valve had $10b revenue from steam, and $3b revenue from other sources (heh, source, get it)
Steam has to be worth a lot more than 12 billion.
Considering what they paid for bethesda and co (7.5 bil) they should at least pay 100 bil.
They (estimations by random pages) already made a billion in revenue from cs cases in 2023.
No way they are <70 bil for the cash cow Steam is in comparison to ABK.
Steam basically IS PC gaming, and probably has more active users than Xbox or Playstation, maybe even combined. There's no way it's worth any less than Activison Blizzard
I will be happily surprised if you prove me wrong but a quick Google search suggested all three have around 120 million active users monthly
Jesus christ what a nightmare suggestion. That would be the death of the last good site on the internet. The enshittification they would inflict upon us as they fire all the senior staff, "legally" and onesidedly change all the contracts you've signed without your consultation, prune content, discontinue support for features and gear (byebye linux users), and increase their cut of dev's pie - it'd be truly legendary. Legenshitty, that's how bad it would be.
Thousands would board the ships again. The stability of steam is a huge reason why I often buy games
That would likely also destroy the entire indie dev economy. I highly doubt Microsoft would price things in such a way that continues making it viable for small or single person development teams to make profit.
I'm sure the biggest reason they want to buy it is so they can try to put a stop to gaming on Linux. The prospect of putting windows-only anticheat in the steam client and steam runtime probably has Microsoft executives foaming at the mouth.
At this point I wanna fucking die
Meh, the world is hell, but the games are cool and you can always just steal shit from the people who obviously don't deserve your money. Really, everyone ought to be doing that on principle, to help bring them down, but try explaining actual morality to the church crowd lol
“Valve would rather disintegrate than sell out” I think that was their answer to rumours of an EA acquisition of Valve, and it seems to stay true to this day
Tim Schafer on why he sold out: "What if I had... a lot of money".
Where's Double Fine now?
The rag called metro making news from random stuff again, I see. This is not even news. It's literally "reporting" that something is not happening.
Like this: "Intel not buying AMD for 6B$" Industry insiders report that Intel has decided not to buy their rivals for 6B$. The CEO of AMD has reportedly stated having no interest in selling to Intel. Their spokesperson, when confronted with this breaking news, replied "WTF have you been smoking, Pringles?" We will continue to report on this story as it continues to develop.
They are just covering what a rando on Xitter is saying. Sadly this is the news cycle nowadays:
Unverified / unknown person posts a claim on X > "news" websites write a 6 paragraph article about this single post
And instead of being critical, people just gobble up anything as if it was true.
Metro is owned by the Daily Mail Group, which is why they're so shit. It's an output for news-esque shitposting.
There was some brief hullabaloo where some nobody on Xitter claimed M$ was considering the buying Valve for 12B$. No sources, no credibility, but some news sources started talking about it like it was news.
Kellogg's Cereal is not buying Raytheon Aerospace.
-equivalent headline
I'd believe in a Raytheon Kellogg's merger before I believed GabeN would sell to M$
SpaceX will not be selling itself to Boeing, surprising absolutely nobody
Nah I'd believe that. That's exactly the sort of four dimensional genius business move that Musk is known for.
I hearby announce that I am also not buying Valve & Counter-Strike for £12 billion. You heard it here first!
Thanks for the info. I totally assumed you were a rich billionaire mogul.
valve is a fucking money printer
honestly would be funny if valve bought microsoft instead
(edit: typo and clarification)
We’d get to watch Microsoft somehow destroy it, which would be as amazing as it would be awful. They really know how to make a great product terrible.
Though, who am I kidding, they’d just close the entire thing down and expect people to switch to their store. That’s all capitalism’s “competition” is good for these days.
Microsoft sits on an incredible amount of cash. I've read that they could do nothing for a ridiculous time period like 50 or 100 years and still not go bankrupt.
As lucrative as Valve and Steam may seem to buy, even for 10x that amount, any analyst who is realistic about suggesting the purchase to another company would know that it isn't worth it. Not that it's a bad buy, but whoever can afford to buy it likely could not help themselves but fuck it up and run the whole operation to the ground.
I agree with you and that works in a sane economy. Thank fucking Christ that Elon isn't a big gamer....
Elon was able to buy Twitter because it's public, and it wasn't making money.
Valve is a privately owned company, and I have a feeling they care a little about what they're doing.
You can tell from his Elden Ring build.
Lol yea, I forgot what timeline we're living in
Next in the news "water is wet".
I feel like Steam would make more than 12 billion pounds in the time it would take for a take over to finalize
So no Win11-only compatibility and copilot bloatware in Steam? What a sad day 🙁
I really hope the FTC would block that (if it were to actually happen)...
Never thought they were.
Right up there with the Apple buying Disney or Nintendo rumors. Naw, dude. Naw.
13 billion?
Who the fuck believed they were? 🤣
I was scared high-lord Gaben died or needed all the money.
