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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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23. Re: Korean Valve Bid? Sep 27, 2012, 16:13 Panickd
 
NewMaxx wrote on Sep 27, 2012, 13:26:
deqer wrote on Sep 27, 2012, 10:42:
He already said he has NO INTEREST in selling the company.

No, what he said was, he would let the company die before being sold to "some giant company that wants to cash us out and wait two or three years to have our employment agreements terminate." That is carefully worded to allow for many things, such as mergers on his terms. It's an important distinction to be made, although I still do an "lolwut" in reaction to this particular news tidbit.

In that same interview he also said that there was a better chance that Valve would disintegrate with it's independent-minded workers scattering than there was that the company would ever be sold.

I can't see Valve ever being sold or merging with any other company. They are worth billions, have a very different corporate culture than any other company around and have no incentive at all to go down that road. There is quite literally no upside for them in any merger or acquisition. I suspect Valve will be independent until the day Gabe Newell dies at which point it will "disintegrate" just as he predicted.
 
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