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Rumour: MS approach Valve for buyout $16b offer
- Thread starter foamdino
- Start date
SEGAvangelist
Member
How does that kill the rumor? Not saying I believe it, but how does that random Harris guy have any more credibility than this Dior dude?
TheThreadsThatBindUs
Member
Imagine MS owning Steam....
thicc_girls_are_teh_best
Member
Fake news.
Some of these Twitter insiders are desperate for engagement. That's all this is.
The rumor is BS if you put any thought into it.
Microsoft just bought Zenimax a couple years ago. Just completed (more or less) the ABK acquisition late last year. Have already fired over 2K people across Zenimax and ABK, including closing down studios like Tango Gameworks. They are being immensely pressured to increase profitability margins.
...in what sense does buying Valve help whatsoever with their goodwill/optics among the industry or help increase profits after already sinking $80+ billion into other gaming acquisitions that have yet to make returns?
This isn't even getting into the blatant monopolistic aspects of that purchase. Valve control at least 80% (or more) of the PC gaming space in terms of storefronts. Microsoft owns the #1 PC OS in the world with a > 70%/80% market share. What sensible regulator is going to let them buy their way to the #1 PC gaming storefront after already buying two of the largest 3P publishers and firing thousands of people afterwards AND closing down multiple studios after those deals were finalized?
At some point the regulators would be asking for investigations to be opened up on themselves if they kept approving blatantly terrible M&As that do nothing but consolidate the market at the expense of the market, its customers, and its fans.
Some of these Twitter insiders are desperate for engagement. That's all this is.
The rumor is BS if you put any thought into it.
Microsoft just bought Zenimax a couple years ago. Just completed (more or less) the ABK acquisition late last year. Have already fired over 2K people across Zenimax and ABK, including closing down studios like Tango Gameworks. They are being immensely pressured to increase profitability margins.
...in what sense does buying Valve help whatsoever with their goodwill/optics among the industry or help increase profits after already sinking $80+ billion into other gaming acquisitions that have yet to make returns?
This isn't even getting into the blatant monopolistic aspects of that purchase. Valve control at least 80% (or more) of the PC gaming space in terms of storefronts. Microsoft owns the #1 PC OS in the world with a > 70%/80% market share. What sensible regulator is going to let them buy their way to the #1 PC gaming storefront after already buying two of the largest 3P publishers and firing thousands of people afterwards AND closing down multiple studios after those deals were finalized?
At some point the regulators would be asking for investigations to be opened up on themselves if they kept approving blatantly terrible M&As that do nothing but consolidate the market at the expense of the market, its customers, and its fans.
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HeWhoWalks
Gold Member
Common sense kills the rumor. That just tweet just points out the financial “absolutely not” to it.
SEGAvangelist
Member
I wonder what would happen to all the porn games.
Windle Poons
Made a crappy phPBB forum once ... once.
Every game on Steam on Game Pass day one 
Probably said numerous times in the thread.
Probably said numerous times in the thread.
Windle Poons
Made a crappy phPBB forum once ... once.
Edit:
He means he’s going to remove his post so he doesn’t look like a twat for falling for it.
Nothing to do with X revenue.
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IntentionalPun
Ask me about my wife's perfect butthole
Activision net profits are about 2 billion.
But public company valuations are particularly idiotic.
TheThreadsThatBindUs
Member
midnightAI
Member
Yeh, exactly, now I don't think the rumour is true either, but they don't know either, they even admit as much in their tweets other than it's common sense.
demigod
Member
What was it?
SidViscous
Member
It’s a private company and gabes kids have already said they have no interest in running it. Would make sense to sell it, and I can only think of three companies that can even afford it. Apple, Microsoft, Nvidia
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alphachino
Member
fuck microsoft.
Windle Poons
Made a crappy phPBB forum once ... once.
Quoting Linnemann - gonna remove his post to avoid giving x revenue whereas he’s going to remove it because he’s a twat for falling for it more like.
Cyberpunkd
Member
It will be blocked 100%.
N1tr0sOx1d3
Given another chance
16 billion surely is a massive undervaluation….
FalconPunch
Member
I would move to the epic games store & sail the high seas if this happened...
Wildebeest
Member
The Microsoft death embrace is how Epic Game Store wins.
SEGAvangelist
Member
Realistically, I doubt many people would do that. They're already locked in.
Katatonic
Member
So you're presuming that MS would fuck it all up.Lmao @ ponies begging for this to be true
lh032
I cry about Xbox and hate PlayStation.
demigod
Member
No i mean what exactly did he post that was deleted? Was it just a retweet or did he actually say something?
FIREKNIGHT2029
Member
Exactly what I thought. Critical thinking is very rare on the internet for some reason.
People see any bullshit and retweet it.
It doesn't make sense at all that the largest game distribution store in the world will be selling for a fraction of what ABK sold for.
ComputerBlue
Member
RIP in peace Steam if it happens.
Gaben won’t live forever.
Gaben won’t live forever.
KaiserBecks
Member
I hope Gaben reacted the same way Nintendo did.
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Windle Poons
Made a crappy phPBB forum once ... once.
Ah right. Sorry not sure
Negotiator101
Member
DonkeyPunchJr
World’s Biggest Weeb
By saying “Satya Nadella can suck my huge white balls?”I hope Gaben reacted the same way Nintendo did.
Topher
Identifies as young
Heimdall_Xtreme
Hermen Hulst Fanclub's #1 Member
Wildebeest
Member
An expert on Twitter says big business deals are happening.
dragonyeuw
Member
From: Phil Spencer,
To: Team Xbox
Hey gang,
So contrary to my popular belief, it's not Nintendo's future that exists off their own hardware, it turns out that it is ours. Whoopsie!
So now that we have completely screwed the pooch with our own console ecosystem, let's see if we can completely upend another ecosystem by acquiring Valve. It would be a career moment.....wait I'm getting Deja vu.
Anyways, we have money, and with the ABK acquisition we hoodwinked all the regulators into thinking waving around our dic... I mean wallets is great for the industry, so why not see if we can go two for two with Gabe? It's taking him a long time to realize that their future exists beyond their own ecosystem....ok there's that deja vu again.
Always sincerely,
Smilin' Phil
lh032
I cry about Xbox and hate PlayStation.
it does, under Microsoft management
alphachino
Member
fixed it for you
Topher
Identifies as young
Running on Windows doesn't mean Microsoft controls Steam.
alphachino
Member
TV/Living Room Steam machine and StamOS standalone CANNOT COME SOON ENOUGH