Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
User Settings
LAN Parties
Upcoming one-time events:

Regularly scheduled events

Report this Comment
Use this form to report the selected comment to the moderators. Reporting should generally be used only if the comment breaks forum rules.

7. Re: Korean Valve Bid? Sep 27, 2012, 11:47 Beamer
Creston wrote on Sep 27, 2012, 10:56:
jdwohlever wrote on Sep 27, 2012, 10:34:
I hope to God this never happens. Steam is perfect the way it is. We don't need some money hungry foreign company coming in and destroying what Valve has done. Leave Steam alone.

Isn't Steam a separate entity? They may just be talking about merging Valve with Nexon, and then splitting Steam off entirely.

But I fail to see why Valve, with its completely untraditional no-managers set-up, would merge with a Korean publisher, which is 100% purely manager driven. It's like saying that Chrysler is interested in merging with the Home Depot. It makes no sense whatsoever.



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.
Music for the discerning:
Login Email   Password Remember Me
If you don't already have a Blue's News user account, you can sign up here.
Forgotten your password? Click here.


Blue's News logo