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:
Germany 08/31
Chicago, IL USA, IL 10/19

Regularly scheduled events

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.

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:
Previous Post Next Post Reply Quote Edit Delete Report
    Date Subject Author
  1. Sep 27, 10:31 Re: Korean Valve Bid? Yakubs
  2. Sep 27, 10:33  Re: Korean Valve Bid? J
  3. Sep 27, 10:34  Re: Korean Valve Bid? jdwohlever
  5. Sep 27, 10:56   Re: Korean Valve Bid? Creston
  6. Sep 27, 11:43    Re: Korean Valve Bid? Bet
>> 7. Sep 27, 11:47    Re: Korean Valve Bid? Beamer
  11. Sep 27, 13:02     Re: Korean Valve Bid? Warskull
  9. Sep 27, 12:25   Re: Korean Valve Bid? El Pit
  28. Sep 27, 18:13    Re: Korean Valve Bid? edaciousx
  37. Sep 28, 00:54     Re: Korean Valve Bid? El Pit
  39. Sep 29, 09:13     Re: Korean Valve Bid? Smellfinger
  12. Sep 27, 13:10  Re: Korean Valve Bid? Matshock
  4. Sep 27, 10:42 Re: Korean Valve Bid? deqer
  13. Sep 27, 13:26  Re: Korean Valve Bid? NewMaxx
  17. Sep 27, 14:36   Re: Korean Valve Bid? Dev
  24. Sep 27, 16:29    Re: Korean Valve Bid? RollinThundr
  25. Sep 27, 16:59     Re: Korean Valve Bid? jdwohlever
  27. Sep 27, 17:51      Re: Korean Valve Bid? RollinThundr
  38. Sep 28, 10:47     Re: Korean Valve Bid? Verno
  23. Sep 27, 16:13   Re: Korean Valve Bid? Panickd
  8. Sep 27, 12:23 Re: Korean Valve Bid? El Pit
  29. Sep 27, 18:41  Re: Korean Valve Bid? Prez
  30. Sep 27, 19:02   Customer service might improve. hb3d
  10. Sep 27, 12:33 Re: Korean Valve Bid? Dev
  14. Sep 27, 13:45 Re: Korean Valve Bid? Gadzooks
  16. Sep 27, 14:13  Re: Korean Valve Bid? Beamer
  18. Sep 27, 14:48   Re: Korean Valve Bid? Creston
  19. Sep 27, 15:06    Re: Korean Valve Bid? Cutter
  22. Sep 27, 16:07     Re: Korean Valve Bid? Creston
  15. Sep 27, 13:53 Re: Korean Valve Bid? jacobvandy
  20. Sep 27, 15:36  Re: Korean Valve Bid? Mashiki Amiketo
  21. Sep 27, 15:37 Re: Korean Valve Bid? Mordhaus
  26. Sep 27, 17:04 Re: Korean Valve Bid? Hellbinder
  31. Sep 27, 19:36  Re: Korean Valve Bid? Flatline
  32. Sep 27, 19:41   Re: Korean Valve Bid? Burrito of Peace
  33. Sep 27, 19:42 Re: More Big Picture Details HorrorScope
  34. Sep 27, 21:22 Re: Korean Valve Bid? Sepharo
  35. Sep 27, 21:37  Re: Korean Valve Bid? Dev
  36. Sep 27, 21:43   Re: Korean Valve Bid? Sepharo


Blue's News logo