Microsoft is not buying Valve & Counter-Strike for £12 billion - unsurprisingly
metro.co.ukA rumour that Microsoft wants to take over the PC market with a £12 billion acquisition of Valve is being ridiculed on social media.
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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…
You can tell from his Elden Ring build.
Lol yea, I forgot what timeline we’re living in
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.
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. :)
if microsoft bought valve, i would radicalize pretty badly. Not much else to do after ones only real hobby goes up in flames.
What about itch?
And GoG
GOG is a subsidiary of CD Projekt (which I personally don’t trust after the disastrous release of Cyberpunk 2077, and the empty promises of bringing GOG Galaxy to Linux; they also stretch the definition of DRM-free in some cases).
Well, steam isn’t even remotely DRM free. Valve is also far from flawless (allowing TF2 to be ran by hackers for literal years) and run by a multi billionaire. But sure, cyberpunk was unoptimized.
Ok? I didn’t claim anything about Steam
Uhh this thread is about alternatives to Steam, so…
I was trying to say GOG isn’t comparable to Itch…
Edit: Btw I buy games from all 3, if I didn’t do business with every company I don’t trust I’d probably starve by now
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
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.
He did send a gnome into space on a rocket although it was for charity.
He doesn’t want a dick-shaped rocket, he’s more into yachts, apparently. I understand he owns several large ones.
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…
And he does invest heavily into Brain Computer Interface https://starfishneuroscience.com/team/
Wonder if it’s piloted using a steamdeck or controller?
So no Win11-only compatibility and copilot bloatware in Steam? What a sad day 🙁
Who the fuck believed they were? 🤣
I was scared high-lord Gaben died or needed all the money.
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
I feel like Steam would make more than 12 billion pounds in the time it would take for a take over to finalize
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 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
Bandcamp used to be like that, ultimately it is a fundamentally empty promise, someday sooner than you think it will happen to valve. Enjoy it while it lasts but lets keep a keen eye on the future.
It’ll probably happen when GabeN dies or retires.
Hopefully long down the road, it’s just especially after Bandcamp it’s fresh in my mind that this is never a guarantee.
He did lose a lot of weight recently. Technically it could be to stay healthy and live longer, or due to an illness.
Tim Schafer on why he sold out: “What if I had… a lot of money”.
Where’s Double Fine now?
13 billion?
Kellogg’s Cereal is not buying Raytheon Aerospace.
-equivalent headline
Nah I’d believe that. That’s exactly the sort of four dimensional genius business move that Musk is known for.
I’d believe in a Raytheon Kellogg’s merger before I believed GabeN would sell to M$
12bil for steam? Nah man, its probably triple than that.
Activision, which is like Valve’s slower and far less intelligent cousin, sold for $59B. Valve would be worth orders of magnitude more than that.
It was 69B
Yeah, I now realize the article was talking £ not $
Nice
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
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
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.
I’m sorry…ppl thought this was real? They paid like 60 something billion for blizz. VALVE is EASILY worth that, if not double.
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)
Triple because valve has a reputation that isn’t shit and is literally running the biggest game market in the world.
Also Gabe hates Microsoft, and Valve is a private company so he doesn’t have to sell.
I fear the day that man dies. I hope I have lost interest in gaming at that point.
I’m assuming there will be a willy wonka style competition to determine his heir any day now
That’s exactly what Half Life 3 will be.
A reality show I would watch.
He and Linus both will leave behind interesting vacuums.
Not Linus. He has a lot of people he trusts
I’m guessing Gabe Newell does too. I highly doubt he hasn’t considered succession at this point, and I’m guessing people he trusts are already largely running everything anyway.
“Interesting.”
Yes. Likely and unfortunately correct.
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.
I really hope the FTC would block that (if it were to actually happen)…
Valve is the only company i trust to handle my games. Them being bought by Microsoft would ruin their entire business and would probably not happen because Cartel offices have to say something about that.
Did GOG sell out particularly horribly?
No Linux support.
And that’s why Steam gets my money instead of GOG.
That said, apparently Heroic has some kind of agreement with GOG where they get paid for sales, so maybe by buying games on Linux through Heroic you’ll get GOG interested in Linux support.
Yes but heroic has its own problems and is pretty chunky from time to time
Sure, but it’s at least an avenue to a decent launcher for GOG games on Linux. I still prefer Steam, but Heroic is good enough that I’ll consider buying a few games now and then.
Yeah when something is available cheaper there shure but besides that i trust valve more and don’t buy from anywhere besides ich.io steam or gog, depending where its available/cheapest
But to be fair, that’s kinda hard for those old games and it still runs with wine.
That being said, valve is an ally of the Linux community. There are almost no companies that can be trusted, but valve is one of them.
Privately held. That means there’s a chance that someone can go good with it.
It’s not an overly sustainable service at the scale it is running.