Author Topic: EA has tried over the years to buy-out Valve  (Read 3098 times)

Offline MysterD

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EA has tried over the years to buy-out Valve
« on: Monday, September 10, 2012, 05:34:09 PM »
Joystiq -> EA has tried over the years to actually buy-out Valve.

Quote
EA has tried "over the years" to buy out Valve, the New York Times reports. These talks, had they ever reached negotiation, would have valued Valve at "well over $1 billion," NYT says, which is most likely a ridiculous understatement.
Valve is a private company controlled by founder Gabe Newell, who doesn't release any of its financials, but Wedbush Securities analyst Michael Pachter estimates Valve is worth $2.5 billion today.
Newell says it's likely Valve's employees would scatter and the company would "disintegrate" before it would be sold.
"It's way more likely we would head in that direction than say, 'Let's find some giant company that wants to cash us out and wait two or three years to have our employment agreements terminate,'" Newell says.

Offline Xessive

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Re: EA has tried over the years to buy-out Valve
« Reply #1 on: Tuesday, September 11, 2012, 12:01:20 AM »
Ha!

Offline MysterD

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Re: EA has tried over the years to buy-out Valve
« Reply #2 on: Tuesday, September 11, 2012, 08:14:02 PM »
Sure explains why the heck they are trying to imitate Valve (and their Steam product) so bad w/ Origin (in so many ways), hehe...

Offline PyroMenace

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Re: EA has tried over the years to buy-out Valve
« Reply #3 on: Wednesday, September 12, 2012, 03:44:35 AM »
You mean that was the evidence you needed to explain the existence of Origin?

Offline Xessive

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Re: EA has tried over the years to buy-out Valve
« Reply #4 on: Wednesday, September 12, 2012, 05:26:04 AM »
You mean that was the evidence you needed to explain the existence of Origin?
Haha I don't think that's what D meant ;D Just that it's further confirmation :P

It's more like "we've got him on tape, we have 8 witnesses, and a blood match... And by the way we also found a semen sample."

Offline Pugnate

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Re: EA has tried over the years to buy-out Valve
« Reply #5 on: Wednesday, September 12, 2012, 06:02:38 AM »
You mean that was the evidence you needed to explain the existence of Origin?

hahahahah