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EA Wanted to Buy Valve
Filed under: EA, VALVE
Well, who didn't, eh?

NY Times reports that "Valve has been pursued over the years by Electronic Arts, which would very likely have valued Valve at well over $1 billion had the talks progressed that far," with the publication claiming that info came from "two people with knowledge of the discussion who spoke on condition of anonymity because the talks were private.".

Valve prez Gabe Newell, on the other hand, says the company would "disintegrate" if they were bought by another corporation. "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 added.

So, I guess he said 'no' then. Valve's value was estimated at around $2.5 billion, according to Wedbush Securities analyst Michael Pachter.

Meanwhile, the industry top dog -- Electronic Arts -- invested over $1 billion on purchases in the social and mobile market. EA also acquired PlayFish, Firemint and PopCap.

21 post(s)
Reader Comments
jungi Sep 11 2012, 05:28 am EDT
just 1 billion? they must be really stupid considering how fast Steam continues to grow.
Ftmch Sep 11 2012, 05:29 am EDT
Well done Valve.
Now go make some games damnit.
Vader [STAFF] Sep 11 2012, 05:33 am EDT
Zulu Sep 11 2012, 05:35 am EDT
Did someone mention twinkies?
vkzlord Sep 11 2012, 05:40 am EDT
Well then they would force them to make HL3 like they rushed the ME3.
im_stardust Sep 11 2012, 06:41 am EDT
I'm not really impressed about Valve's games, I am impressed about their recipe for success.

They've manage to take advantage of the same gameplay in Counter Strike for over a decade now. It probably still amounts as the most played multiplayer shooter.

I STILL don't want to explain myself, how in the hell The L4D series had so much success. Same as for Team Fortress..

I wasn't satisfied of the final product Half life 2 ended up to be nor for the idea of making those short episodes at such a long distance of time between them.

Furthermore, games like Counter Strike and Portal were not even Valve's ideas to begin with.
Vodoo Sep 11 2012, 07:35 am EDT
i agree with stardust.

if you put Valve under a magnifying glass, its real value amounts for shit. CS was a HL mod, Team Fortress was a mod for Quake, Portal was Narbacular Drop before it became a superstar, L4D....i abstain from any comments because the whole zombie thing got old 10 years ago.

so, most of the aforementioned titles were created by other people and then bought by Valve and the rest of their products are sequels.
sequels for games created by others.
i can honestly just call Valve a publishing company rather than a developer. Steam racks up money like World of Whorecraft, everything else is just a week-end hobby project.

ohh yeah, Valve is making DOTA2....which was a mod for Warcraft 3.

i just downloaded Knight and Merchants from me while i go appreciate some original talent.
  Alchi: What's that phrase I'm looking for? Haters gonna ..…
Vodoo: are you trying to contradict me without a counter-arg…
Alchi: No I merely look beyond petty criticism and state the…
Breedy_Mcfluff Sep 11 2012, 08:57 am EDT
They are slow as fuck. It's kinda too bad their development process pretty much involves being a perfectionist all the way. They haven't put out an original product in about 5 years. I don't count Portal 2 since it is still based originally on another persons work.
They definitely are pretty overrated as a game developer, but they are making fucking bank on Steam and that's probably why they can develop a game for years and years. I hate it.

Without Steam, wouldn't they have released more games by now?
Juxtapose Sep 11 2012, 09:24 am EDT
I'm actually surprised by most of the comments here, considering how big everyone seems on Valve here on ActionTrip.

I personally agree 100%, and never understood everyone's worship of the company. I really enjoyed Half-Life (until Xen), but beyond that they've failed to impress me and Half-Life 2 still stands as one of my most disappointing games of all time. It's an excellent tech demo, but not a great game.
im_stardust Sep 11 2012, 10:11 am EDT
Half Life was an amazing FPS back in 1998 though. I still regard it as one of the best.
  Juxtapose: Agreed.
Terminator: For once we agree Stardust. Half Life was damn good!
BmmB Sep 11 2012, 10:23 am EDT
Well, to me Valve = Half-Life. Period. I liked Portal 1/2 a lot. Other stuff didn't play and don't care about at all. But, I'm in love with HL games, so I do love Valve. And Steam is cool.
Dick_Swet Sep 11 2012, 11:32 am EDT
I love Valve and what they do. Their games are nicely made, polished, cheap and infinitely fun. All I care about.
SeNtrY Sep 11 2012, 12:26 pm EDT
Cheap?! Hmm...
  Dick_Swet: Compared to other big releases they are cheap on rele…
Dean_Demon Sep 11 2012, 01:00 pm EDT
Not exactly new news if you work in the industry,EA should just concentrate on their own business rather than keep trying to aquire other and more complete models,EA only want valve for steam as well let's face it origin is nothing compared to that.
Chunder Sep 11 2012, 01:54 pm EDT
It was only a few short weeks ago that there was news EA was being put up for sale... now they wanted to buy Valve?
Dean_Demon Sep 11 2012, 02:24 pm EDT
EA are turning into Microsoft,just getting too big for their boots
KraGeRzR Sep 11 2012, 02:26 pm EDT
Dick out of my Valve, EA.
Terminator Sep 11 2012, 05:37 pm EDT
I hate EA with a passion, so I'm glad they didn't buy Valve. Fucking EA assholes!
Cheddar Sep 11 2012, 06:58 pm EDT
Activision's worse.
  Dean_Demon: Only just by the smallest amount possible.
Terminator: They are equally bad!
Dean_Demon Sep 11 2012, 08:32 pm EDT
Hell i've worked for both a few years ago and didnt enjoy the experience at all,far too corporate for my liking and that's when they were civil.
touretul Sep 12 2012, 01:45 am EDT
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