Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
August 18, 2017
arrowPress Releases






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Newell: Valve would 'disintegrate' before selling out
Newell: Valve would 'disintegrate' before selling out
September 10, 2012 | By Mike Rose

September 10, 2012 | By Mike Rose
Comments
    28 comments
More: Console/PC, Business/Marketing



"It's way more likely we would head in that direction than say, 'Let's find some giant company that wants to cash us out and wait two or three years to have our employment agreements terminate.'"
- Valve boss Gabe Newell explains that it's more likely Valve would "disintegrate," employees departing, before he would sell it to another company.

Not that Newell hasn't had opportunities to sell the company, reports the New York Times. According to "two people with knowledge of the discussion," Electronic Arts was previously interested in acquiring Valve, which was valued for over $1 billion.

That figure most likely wouldn't cut it nowadays, however -- Wedbush Securities' analyst Michael Pachter believes that Valve is worth around $2.5 billion today.

[UPDATE: We've updated the headline and the EA acquisition reference to better reflect the original NYT article.]


Related Jobs

Pixelberry Studios
Pixelberry Studios — Mountain View, California, United States
[08.18.17]

Product Manager
Level EX
Level EX — Chicago, Illinois, United States
[08.18.17]

Senior Game Designer
2K
2K — Novato, California, United States
[08.18.17]

SENIOR SERVER ENGINEER
Telltale Games
Telltale Games — San Rafael, California, United States
[08.18.17]

Creative Director









Loading Comments

loader image