Valve would fall apart before any buyout was completed
Gabe Newell, president of Half-Life and Steam developer Valve has been talking about the importance of the company retaining their independence.
Newell stressed that the more independent-minded staff members at the uniquely structured studio would leave before and potential purchase by a larger entity could be completed essentially seeing Valve disintegrate.
"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,'" the Valve president added.
There have been rumours indicating that EA had made overtures to purchase for Valve for somewhere in the region of one billion USD.
Thanks New York Times.
- New Warframe update adds space-flight to the gameplay with Archwing mode
- New poll indicates that people believe online gaming is “the least welcoming space” for women
- CD Projekt RED releases The Trail, the opening cinematic from The Witcher 3
- New Project CARS trailer pulls up to the starting grid
- Far Cry 4 dev says linear games will suffer in the new world of gameplay video sharing
- Almost 1,100 developers, students and journalists sign the new #gamediversity petition embracing diversity in games
- Felicia Day breaks her silence about #Gamergate, is almost immediately doxxed
- Ubisoft announces PC specs for Assassin's Creed: Unity and they're killer
- Dark Souls 2 could see a fourth pack of DLC released