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[proandrad]

Gabe would never do us dirty like that, may he live a long life.

 

[Ass of Can Whooping]

Yes, it is private. How much is it worth then? Everything I'm seeing says around $7-10 billion.

Sounds way to low. That's less than the revenue they bring in.

I'd probably wager they'd start at around $20 billion if they were to ever go public

 

[PaintTinJr]

Gabe would never do us dirty like that, may he live a long life.

If this is a real possibility it is likely coinciding with retirement for the owners and the monumental shift occurring from this merger, and people feeling it is safer to cashout and sell to someone smaller that is held in similar regard to Valve by gamers.

 

[PaintTinJr]

Sounds way to low. That's less than the revenue they bring in.

We saw how relatively cheap Insomniac were because of their lack of IP, maybe with so little actual games owned by valve themselves a valuation is less inflated.

 

[Ass of Can Whooping]

We saw how relatively cheap Insomniac were because of their lack of IP, maybe with so little actual games owned by valve themselves a valuation is less inflated.

But they have a platform that brings in over 100 million MAU

 

[Topher]

Sounds way to low. That's less than the revenue they bring in.

I'd probably wager they'd start at around $20 billion if they were to ever go public

Yeah, but they don't keep all that revenue. 70% of it goes back out to publishers/devs.

 

[Ass of Can Whooping]

Yeah, but they don't keep all that revenue. 30% of it goes back out to publishers/devs.

Ah right yeah. Forgot about that. They're estimated was $12 billion or something last year. No idea if that's before or after that deduction

 

[PaintTinJr]

But they have a platform that brings in over 100 million MAU

But when Microsoft can leverage 110m active monthly CoD players will it stay that way? That's their risk, stick and potentially sell for a lot less, or sell to someone that can build on that.

 

[Topher]

Ah right yeah. Forgot about that. They're estimated was $12 billion or something last year. No idea if that's before or after that deduction

Yeah, not sure. Hard to find information on private companies since they don't have to provide public reports.

 

[Vox Machina]

I know its just a meme but I could never see Gabe selling Valve to a company that views PC as a secondary platform. Talk about a culture mismatch.

 

[//DEVIL//]

Yes, it is private. How much is it worth then? Everything I'm seeing says around $7-10 billion.

I honestly do not know. But from my understanding. how much a company is valued in general as private doesn't mean its worth that much. usually, it's much higher.

But I could be wrong. This was just my understanding.

 

[DeepEnigma]

CDPR with GOG would be a more likely go, to have their own PC store/launcher and WRPG maker that MS seems to be gobbling all up on. And they'd more than likely still keep them third party like Bungie.

But again, fuck all this consolidation by platforms.

 

[Topher]

CDPR with GOG would be a more likely go, to have their own PC store/launcher and WRPG maker that MS seems to be gobbling all up on. And they'd more than likely still keep them third party like Bungie.

But again, fuck all this consolidation by platforms.

Yeah, if its anyone CDPR would be ideal.

 

[Eotheod]

Why do people still take the chain of these shit posts and rumours on acquisitions/mergers? These deals are incredibly secretive, no one is going to have the beans to spill until it actually gets announced as happening.

 

[Topher]

Why do people still take the chain of these shit posts and rumours on acquisitions/mergers? These deals are incredibly secretive, no one is going to have the beans to spill until it actually gets announced as happening.

We were making fun of the "shit post". You talking about folks believing that nonsense on twitter or something?

 

[Unknown Soldier]

Damn, 2 weeks of nothing happening. Might as well just lock this thread until then.

 

[Topher]

Might as well just lock this thread until then.

 

[Vox Machina]

Damn, 2 weeks of nothing happening. Might as well just lock this thread until then.

 

[In Cold Blood]

When you start your argument with a false premise like this, the rest of your argument starts to lack of all credibility

The fact that you think Sony will be able to buy T2 or EA is cute.

 

[In Cold Blood]

This sounds almost as real as Phils talk about more games for more players bullshit

Would never pass the regulators.

 

[James Sawyer Ford]

The fact that you think Sony will be able to buy T2 or EA is cute.

If you think it's impossible for a company of Sony's size to acquire companies a fraction of their size you are not well versed on corporate mergers and acquisitions

 

[In Cold Blood]

We'll see if Amazon has the guts and the drive for it. I could see EA being a great fit for them if so.

It fits in with their business.
Even if it's just as a game publisher and not delivery, it works for them.
It's a logical step.
They have the money, they have the resources.
You would think Apple would be another, but they would most likely release some console or gaming device, which costs three times more than it should.

 

[In Cold Blood]

If you think it's impossible for a company of Sony's size to acquire companies a fraction of their size you are not well versed on corporate mergers and acquisitions

EAs market cap is 34 Billion. To buy them you would need maybe a 20% premium, putting it at 40 Billion.
T2 is 25 Billion, making a sale around 30 Billion.
As I said before, it wouldn't just be Sony putting an offer in, they would be competing with a whole host of much bigger companies with deeper pockets.

It's a nice pipe dream, but it ain't happening.

 

[James Sawyer Ford]

EAs market cap is 34 Billion. To buy them you would need maybe a 20% premium, putting it at 40 Billion.
T2 is 25 Billion, making a sale around 30 Billion.
As I said before, it wouldn't just be Sony putting an offer in, they would be competing with a whole host of much bigger companies with deeper pockets.

It's a nice pipe dream, but it ain't happening.

The company being acquired has input on who acquires them. Right now it does not appear that other big tech companies care to make big investments into AAA games. The suitors are relatively limited, and big companies aren't going to make stupid valuation decisions.

Even though Microsoft was desperate and had lots of cash, their deal for ATVI wasn't irrationally valued.

Bigger acquisitions on a relative basis occur literally all the time. Sony could acquire either of them and match or exceed offers from alternative suitors. It would just require a lot of debt.

I'm not saying it's realistic, but acting like it's impossible isn't historically accurate

 

[adamsapple]

Damn, 2 weeks of nothing happening. Might as well just lock this thread until then.

It's Wednesday just 4 days from now.

 

[S0ULZB0URNE]

Wait what is the October extension about?

 

[//DEVIL//]

The company being acquired has input on who acquires them. Right now it does not appear that other big tech companies care to make big investments into AAA games. The suitors are relatively limited, and big companies aren't going to make stupid valuation decisions.

Even though Microsoft was desperate and had lots of cash, their deal for ATVI wasn't irrationally valued.

Bigger acquisitions on a relative basis occur literally all the time. Sony could acquire either of them and match or exceed offers from alternative suitors. It would just require a lot of debt.

I'm not saying it's realistic, but acting like it's impossible isn't historically accurate

Lol the company being acquired will not give a fuck who is buying. It's to the highest bidder. They are selling.there is no loyalty for share holders. Unless there is calculated chances of buying failure . Say for example US buying a Japanese protected company. Then that Japanese company might have to look for lower bidder based on Japan or not sell at all.

 

[James Sawyer Ford]

Lol the company being acquired will not give a fuck who is buying. It's to the highest bidder. They are selling.there is no loyalty for share holders. Unless there is calculated chances of buying failure . Say for example US buying a Japanese protected company. Then that Japanese company might have to look for lower bidder based on Japan or not sell at all.

That's not true. Companies that cash out also want to see that their company tends to do well in the future. If you have two competing offers that are similar, it's not unheard of to go with the slightly lower bid if it means that they feel the company is in better hands.

There's also different incentive based structures to deals that are hard to value on a 1:1 basis.

I think, for instance, that Microsoft may have had a better deal with Bungie, but did not make the right assurances or commitments to current management. Although, private companies with ownership that intends to stay may have differing opinions than ownership that wants to completely cash out (like Activision and Bobby).

So, bottom line, not every deal is the same.

 

[Kuwitzzer]

EAs market cap is 34 Billion. To buy them you would need maybe a 20% premium, putting it at 40 Billion.
T2 is 25 Billion, making a sale around 30 Billion.
As I said before, it wouldn't just be Sony putting an offer in, they would be competing with a whole host of much bigger companies with deeper pockets.

It's a nice pipe dream, but it ain't happening.

Why didn't big Techs outbid Disney on Fox?

 

[adamsapple]

Wait what is the October extension about?

MS / Activision deals original timeline was to close by July 18th, meaning they would need to close it before that, otherwise either Activision or Microsoft could walk away from the deal and MS would have to pay Activision 3.5 billion. They always had the option to negotiate an extension and that's what they did, as the regulatory process is pretty much complete now, barring any last minute curveballs from the CMA, so it logically made no sense to walk away from it at this point and even if any other big party would be interested in acquiring Activision, they would have needed to go through another year or more of the same regulatory BS.

 

[HoofHearted]

Wait what is the October extension about?

Buffer

 

[Vognerful]

The company being acquired has input on who acquires them. Right now it does not appear that other big tech companies care to make big investments into AAA games. The suitors are relatively limited, and big companies aren't going to make stupid valuation decisions.

Even though Microsoft was desperate and had lots of cash, their deal for ATVI wasn't irrationally valued.

Bigger acquisitions on a relative basis occur literally all the time. Sony could acquire either of them and match or exceed offers from alternative suitors. It would just require a lot of debt.

I'm not saying it's realistic, but acting like it's impossible isn't historically accurate

Lol the company being acquired will not give a fuck who is buying. It's to the highest bidder. They are selling.there is no loyalty for share holders. Unless there is calculated chances of buying failure . Say for example US buying a Japanese protected company. Then that Japanese company might have to look for lower bidder based on Japan or not sell at all.

EAs market cap is 34 Billion. To buy them you would need maybe a 20% premium, putting it at 40 Billion.
T2 is 25 Billion, making a sale around 30 Billion.
As I said before, it wouldn't just be Sony putting an offer in, they would be competing with a whole host of much bigger companies with deeper pockets.

It's a nice pipe dream, but it ain't happening.

I think saying "very unlikely" is a better description.

we are also forgetting that if Valve was indeed looking for a buyer, so many players in the market would be interested. For one, I don't know if Microsoft would be allowed to buy them, but they would be willing to do anything to beat anyone to it. Apple would be also interested as it could be their gate to increase porting games to their OS. Not to mention there are other parties with similar interest that would hate to miss this opportunity.

Yeah, Sony theoretically can maybe get 20 or 30 billion USD to buy valve, but this scenario means no one else is trying to fight them for this prize.

Why didn't big Techs outbid Disney on Fox?

What tech company that is willing to outspend Disney in a bidding contest to acquire Fox AND their strategy is to get as biggest pie as possible in the entertainment business? The only company that would have had such an interest is Sony, but they would never have been able to match them in price.

 

[DeepEnigma]

 

[freefornow]

Dunno where you find 'em, but glad you do.

 

[Vox Machina]

If I was a T2 shareholder there's 0% chance I'd agree to any merger/sale agreement before GTA6 launches. That game will, in my opinion, drastically increase the valuation of the company.


.... I need to go buy some T2 stock.

 

[Ginzeen]

If you think it's impossible for a company of Sony's size to acquire companies a fraction of their size you are not well versed on corporate mergers and acquisitions

Sony getting take 2 or EA is very unlikely. They will get a Japanese publisher at best. Or just another studio.

 

[James Sawyer Ford]

Sony getting take 2 or EA is very unlikely. They will get a Japanese publisher at best. Or just another studio.

I agree it's unlikely. But it's certainly possible. These sorts of acquisitions happen regularly on a relative size basis

 

[Ginzeen]

I agree it's unlikely. But it's certainly possible. These sorts of acquisitions happen regularly on a relative size basis

I'd say say it's possible but the odds are low. Less then 30 percent. The companies need to want to sell and Sony will face extreme scrunity. Way more then MS. Since their the market leader. Sony will likely get a japanese publisher or studio.

 

[Kuwitzzer]

I think saying "very unlikely" is a better description.

we are also forgetting that if Valve was indeed looking for a buyer, so many players in the market would be interested. For one, I don't know if Microsoft would be allowed to buy them, but they would be willing to do anything to beat anyone to it. Apple would be also interested as it could be their gate to increase porting games to their OS. Not to mention there are other parties with similar interest that would hate to miss this opportunity.

Yeah, Sony theoretically can maybe get 20 or 30 billion USD to buy valve, but this scenario means no one else is trying to fight them for this prize.


What tech company that is willing to outspend Disney in a bidding contest to acquire Fox AND their strategy is to get as biggest pie as possible in the entertainment business? The only company that would have had such an interest is Sony, but they would never have been able to match them in price.

What Tech companies are willing to spend so much on a publisher in an industry they have no knowledge and experience of? Why do we all pretend it is certain big techs will definitely get into gaming?

 

[James Sawyer Ford]

I'd say say it's possible but the odds are low. Less then 30 percent. The companies need to want to sell and Sony will face extreme scrunity. Way more then MS. Since their the market leader. Sony will likely get a japanese publisher or studio.

Sony would get less scrutiny, since it wouldn't represent a monopoly especially with Microsoft now owning a 70B company just for gaming itself and the largest first party by far.

The market leader post Activision acquisition isn't exactly clear, and it shouldn't be on the basis of console sales

 

[Astray]

Sony would get less scrutiny, since it wouldn't represent a monopoly especially with Microsoft now owning a 70B company just for gaming itself and the largest first party by far.

The market leader post Activision acquisition isn't exactly clear, and it shouldn't be on the basis of console sales

What about the VR Market?

 

[Ar¢tos]

EAs market cap is 34 Billion. To buy them you would need maybe a 20% premium, putting it at 40 Billion.
T2 is 25 Billion, making a sale around 30 Billion.
As I said before, it wouldn't just be Sony putting an offer in, they would be competing with a whole host of much bigger companies with deeper pockets.

It's a nice pipe dream, but it ain't happening.

T2 at 30 billion, Sony would only need 16 billion to get 51+% and take control.

 

[Three]

I'd say say it's possible but the odds are low. Less then 30 percent. The companies need to want to sell and Sony will face extreme scrunity. Way more then MS. Since their the market leader. Sony will likely get a japanese publisher or studio.

EA is publicly traded they'd want to sell just as willingly as Activison, as in if the price per share is good enough they would sell. Activison wasn't looking to sell if that's what you're suggesting.

As for market leader I don't think this is as much of an issue after what has transpired regarding Activison. The judge concluded that Nintendo is a competitor and so Sony aren't market leader. All they would need to do is sign a 10 yr deal for Fifa which isn't even called FIFA anymore and they can get away with it like Activision. Question is why would they want to for EA? T2 is a better buy.

 

[Ar¢tos]

EA is publicly traded they'd want to sell just as willingly as Activison, as in if the price per share is good enough they would sell. Activison wasn't looking to sell if that's what you're suggesting.

As for market leader I don't think this is as much of an issue after what has transpired regarding Activison. The judge concluded that Nintendo is a competitor and so Sony aren't market leader. All they would need to do is sign a 10 yr deal for Fifa which isn't even called FIFA anymore and they can get away with it like Activision. Question is why would they want to for EA? T2 is a better buy.

If they bought Square and forced them to do Playstation versions of every game from the start (no more pc+switch only launches) I think they would get more output than with T2 (in quantity, not necessarily in quality).

 

[In Cold Blood]

T2 at 30 billion, Sony would only need 16 billion to get 51+% and take control.

A hostile takeovers you say?
First you have to find 51% of people who want to sell.
They arnt so easy.

 

[Ass of Can Whooping]

A hostile takeovers you say?
First you have to find 51% of people who want to sell.
They arnt so easy.

Lol why would they not want to sell?

 

[Hawking Radiation]

So this deal is going ahead then?

 

[M1987]

So this deal is going ahead then?

It's been going ahead since the CMA backed down after the FTC lost

 

[Thirty7ven]

The fact that you think Sony will be able to buy T2 or EA is cute.

Would never pass the regulators.

Lmao what happened to keeping the same energy?

Fear of Sony buying a big company, and fear of Sony taking the PC market just like that.

And before you go on a senseless baseless diatribe, both things could happen. Neither money nor regulators would be a problem. The only company that wouldn't be allowed to buy Steam is MS.

 

[Makoto-Yuki]

We talking about someone buying Steam now?

Nobody is buying Valve/Steam.

So this deal is going ahead then?

Of course it is.