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[Puscifer]

His divorce might change things.

You mean the one that was dissolved in 2019?

 

[mckmas8808]

needs to happen just for the ensuing hilarity

So I assume you hate video games then, huh?

 

[rickybooby87]

XBOX MAU's after the acquisition: 100 BILLION

 

[Pejo]

I'd like to think that this would never happen, but I'm continually disappointed in humanity these days, so who knows.

I know Gabe isn't the sole owner of Valve, but I have faith that he wouldn't accept this just to have more money than he already does..

 

[Unknown Soldier]

There is literally no way the regulators would allow this, right?

Right?

 

[mckmas8808]

I'd like to think that this would never happen, but I'm continually disappointed in humanity these days, so who knows.

I know Gabe isn't the sole owner of Valve, but I have faith that he wouldn't accept this just to have more money than he already does..

We ALL hope they'd never sell. Especially to MS.

 

[THE DUCK]

We ALL hope they'd never sell. Especially to MS.

Well if Gabe is considering retiring (he's 61), and the other shareholders want a heap of cash (the employees), you would think they would at least consider selling.
If not to MS, to anyone else in the market. Though I suspect the list of buyers is short with that kind of cash. I mean that would wipe out all Sony's cash reserves if they bought them. It's more than Nintendo has on hand.

 

[xrnzaaas]

Not gonna happen, but even if Valve's leadership would drastically change 16 billion seems like a really low number for a leading PC storefront with additional successes from its handheld device.

 

[Syphon Filter]

Would be funny if MS did buy Valve and require an Xbox account for Steam.

stick to your fisher price console you peasant, that is none of your business.

 

[Hari Seldon]

It is more likely that MS is approaching Valve to sell the Xbox division.

 

[StreetsofBeige]

When it comes to business. Every man has a price.

 

[THE DUCK]

Not gonna happen, but even if Valve's leadership would drastically change 16 billion seems like a really low number for a leading PC storefront with additional successes from its handheld device.

From what I understand, they only sold 3 or 4 million steam decks. Love mine but I don't think the value hardware division is going to get anyone intersted in large profits that excited.
Nor do I think owning Half Life gets anyone that excited. So, ya, the storefront, which generates around 15 Billion a year in revenue, of which we know 70% goes to the game developers. So that leaves about 5 billion a year, minus costs on staff, overhead, servers, etc.
Not sure why 16 Billion wouldn't be a lot of money, depending on what the actual profit margins are.

 

[Guilty_AI]

From what I understand, they only sold 3 or 4 million steam decks. Love mine but I don't think the value hardware division is going to get anyone intersted in large profits that excited.
Nor do I think owning Half Life gets anyone that excited. So, ya, the storefront, which generates around 15 Billion a year in revenue, of which we know 70% goes to the game developers. So that leaves about 5 billion a year, minus costs on staff, overhead, servers, etc.
Not sure why 16 Billion wouldn't be a lot of money, depending on what the actual profit margins are.

Activision made like 7 billion a year on gross revenue. Given how much MS paid, 16bl does sound very low

 

[reinking]

From what I understand, they only sold 3 or 4 million steam decks. Love mine but I don't think the value hardware division is going to get anyone intersted in large profits that excited.
Nor do I think owning Half Life gets anyone that excited. So, ya, the storefront, which generates around 15 Billion a year in revenue, of which we know 70% goes to the game developers. So that leaves about 5 billion a year, minus costs on staff, overhead, servers, etc.
Not sure why 16 Billion wouldn't be a lot of money, depending on what the actual profit margins are.

Steam isn't hurting. While 16 billion isn't a terrible offer, it isn't enough to entice someone to sell if they are not already looking to do so.

 

[AJUMP23]

...just the most popular operating system and they could squeeze Linux off of Steam/Steam Deck.

I know insignificant.

 

[JCK75]

That's not happening

 

[salva]

That ain't happening, and not for a dismal $16b.
But the meltdowns on this forum if it ever did happen would be amazing

 

[reinking]

I know insignificant.

Absolutely low percentage but I still think it is a hurdle.

MS vs Regulators.... (what I really think)

 

[Wulfer]

All for it. They'll ruin PC gaming and then I can welcome all the asylum seekers to PlayStation

You would end up changing your name to "Whooped Can of Ass" before all this happens. Good thing its not gonna happen!

 

[GametimeUK]

Phil can lick my hairy arse.

 

[Come On Tars]

Nah, no way. That price is way low right?

 

[newtypepilot]

HAHAHAHHAHAA

first valve is 100% private company. it has no stocks.
second they spent 70b on activblizzard. 16b for a company that owns the leading marketplace in the PC space makes zero sense.

 

[Daniel_Mallorca1985]

 

[bender]

Valuations of private companies are tricky, but the few results I saw online had Valve around the 8 billion mark. Money probably isn’t a motivation for Gabe beyond being beneficial to the other stake holders (employees). It would probably come down to Gabe’s age and his willingness to deal with the stress that comes from owning any company. Not that I take much stock in this rumor.

 

[whyman]

It would be logical. Valve (with steam) is the only company that could save the gaming branch of Microsoft at this point. Hopefully, Gabe Newell is already swimming in enough money that the prospect of even more seems unnecessary.

 

[Daniel_Mallorca1985]

 

[ReyBrujo]

HAHAHAHHAHAA

first valve is 100% private company. it has no stocks.
second they spent 70b on activblizzard. 16b for a company that owns the leading marketplace in the PC space makes zero sense.

The fact that it's a private company only means Microsoft can't setup a hostile takeover but they can anyway put an offer.

 

[whyman]

That ain't happening, and not for a dismal $16b.
But the meltdowns on this forum if it ever did happen would be amazing

I asked the same "person" as Microsoft would have, ChatGPT. It estimated Valve could accept an offer "in the range of $15 billion to $20 billion". So you are right, it is dismal, Microsoft went low.

 

[ReyBrujo]

I asked the same "person" as Microsoft would have, ChatGPT. It estimated Valve could accept an offer "in the range of $15 billion to $20 billion". So you are right, it is dismal, Microsoft went low.

The offer might be for 51%-75% of the ownership, though. In that case 16b would be acceptable.

 

[asdasdasdbb]

I can believe that Valve might be interested in selling. Maybe not to Microsoft, but someone. And this is a good time to sell I think.

AAA is dying, and I could see Valve investors wanting to cash out.

Now, do I think it will happen? Unlikely.

For double LOLs, how about selling Steam to Tencent and the games/hardware to MS?

 

[BennyBlanco]

 

[StereoVsn]

Valve sells to MS and CDPR (GOG) to Tencent. The worst timeline for gaming.

 

[proandrad]

Microsoft rather kill gaming if they can't dominate it.

 

[Drell]

I can believe that Valve might be interested in selling. Maybe not to Microsoft, but someone. And this is a good time to sell I think.

AAA is dying, and I could see Valve investors wanting to cash out.

Now, do I think it will happen? Unlikely.

For double LOLs, how about selling Steam to Tencent and the games/hardware to MS?

There's no "Valve investors" Gaben own 100% of the company.

 

[Chiggs]

There is literally no way the regulators would allow this, right?

Right?

Regulators wouldn't have a say. Valve is not a publicly traded company.

Edit: increased font size just in case anyone else asks.

 

[Celcius]

Surely Gabe wouldn't sell even if they offered 30B, right?

 

[Katatonic]

There is literally no way the regulators would allow this, right?

Right?

As history has shown us, what Microsoft wants Microsoft gets. The question is how bad do they want it.

 

[Guilty_AI]

Surely Gabe wouldn't sell even if they offered 30B, right?

One 3 too much for him

 

[THE DUCK]

Microsoft rather kill gaming if they can't dominate it.

So dramatic, the vast majority of gamers who use steam probably wouldn't even know MS bought steam until years later.

 

[Chiggs]

As history has shown us, what Microsoft wants Microsoft gets. The question is how bad do they want it.

Not quite. In this case, they could buy it outright and the only party that needs convincing is Valve.

Valve is not publicly traded, which means no FCC, FTC, or SEC interference.

 

[//DEVIL//]

Not quite. In this case, they could buy it outright and the only party that needs convincing is Valve.

Valve is not publicly traded, which means no FCC, FTC, or SEC interference.

wait. this doesnt make sense.

if they decided to buy Valve and they accept. FTC has no no say it and can't stop it / any regulator can't stop it ?

if so we are doomed.

 

[Last Hearth]

Wow I learned something new today, FTC cannot prevent this because Valve is a privately held company.

 

[Chiggs]

wait. this doesnt make sense.

if they decided to buy Valve and they accept. FTC has no no say it and can't stop it / any regulator can't stop it ?

if so we are doomed.

That's correct.

 

[Topher]

 

[Guilty_AI]

uh, where are people taking from that regulatory organs cannot interfere with private deals? Genuine question because afaik they analyse and review any merger above a certain value.

 

[VAVA Mk2]

Sony on Microsoft platform finally

MLB The Show says wassup

 

[SHA]

It'll happen, convenience aside, it's a matter of time.

 

[Topher]

uh, where are people taking from that regulatory organs cannot interfere with private deals? Genuine question because afaik they analyse and review any merger above a certain value.

FTC reviewed the Bethesda deal so yeah, you are correct.

 

[ZehDon]

Given that Valve has put considerable resources into almost-single-handedly creating an alternative ecosystem to Microsoft's - Steam, SteamOS, Proton, Steam Deck - and that Valve has no shareholders to answer to for rejecting a purchase offer, I'm gonna go ahead and file this one under "[bender_oh_your_serious.gif]"

 

[Chiggs]

uh, where are people taking from that regulatory organs cannot interfere with private deals? Genuine question because afaik they analyse and review any merger above a certain value.

Because it's incredibly, incredibly, incredibly unlikely given the circumstances, and any review would be a rubberstamp move.

The United States has literally allowed a hostile foreign entity (China) to buy up its farmland, so, you know....where are you coming from?

Edit: Maybe we're talking EU vs USA?