EA wants to buy Valve for $1 000 000 000

 

Electronic Arts has reportedly been making a play to purchase Half-Life and Portal studio Valve. The New York Times reports that EA has sought to purchase the firm for years, valuing the company at well over $1 billion. Valve isn’t likely to sell to anyone anytime soon.

According to "people with knowledge of the discussion," the talks did not progress far. Valve’s finances are private, but a Forbes report from March estimated the firm’s value at $3 billion, with cofounder Gabe Newell’s personal net worth believed to be about $1.5 billion.

Despite the billion dollar offer, Newell said Valve would prefer to "disintegrate" than ever sell out.

“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,’" he said.

EA is no stranger to big buyouts. The company purchased Plants vs. Zombies and Bejeweled studio PopCap last year for $650 million in cash, with an additional $550 on the table for staffers as bonuses provided certain performance benchmarks are hit.

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Should video game actors earn more cash?

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Source: GameSpot

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No votes yet.

stranded

I run this place! :D

This Post Has 4 Comments

  1. AMKOF MAMKİ

    gabe newell sux horse cück

    No votes yet.
  2. d32

    $1 billion? Seriously? Remember when microsoft bought fucking skype for $8.5 billions?

    No votes yet.
  3. Kwai

    1% of ‘Yes’ voters is EA members.
    99% of ‘Yes’ voters who wanna HL3 on tommorow.
    100% ‘No’ voters is people who dont wanna have crap n expensive games in every years with full price of game DLC.
    Try imaginate TF2/L4D and others games with priced DLC’s…this is not EA…Thats why we love Valve.

    No votes yet.
  4. 0cube

    All ‘Yes’ voters please stand in the corner and stay there.
    Thanks.

    No votes yet.

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