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Korean Valve Bid?

"Will Asian online game publishers Nexon and NCsoft buy blockbuster publisher Valve?" asks VentureBeat in an article based on a rumor in a "major" Korean publication. Joongang News reports Nexon and Valve met in Hawaii yesterday to discuss a possible merger. Nexon was also involved in acquisition rumors earlier this year when reports emerged it was bidding on EA. Valve's Gabe Newell has expressed no interest in selling the company when previous such rumors have emerged, but neither company has commented on this report yet.

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11. Re: Korean Valve Bid? Sep 27, 2012, 13:02 Warskull
 
Beamer wrote on Sep 27, 2012, 11:47:
Even thinking beyond this, why do private companies get acquired?
1) The owners want out (retire, start something new, etc.)
2) The owners want to cash out while the price is high (I think this is part of why Epic sold - it gives the aging owners liquidity they really haven't had over it's 20someodd years)
3) They need capital and need it badly

Well, we don't think Gabe is going anywhere, so 1 is out. He's already independently wealthy and probably drawing a huge salary, so I would guess 2 is out. And they are stupidly profitable, so 3 is out.

We don't even need to speculate on why they'd choose this particular company - there's no real need for them to sell at all.

Your first reason probably be the reason why Valve eventually does get sold. Not any time soon mind you.

The other thing, is if you are buying Valve you are basically buying it for the Steam platform and the IPs. Anything the company once was will immediately crumble to dust the second some corporation takes over and tries to run it. Gabe himself even said he suspects the employees would quickly scatter to the winds the second the company was sold.
 
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