this post was submitted on 25 May 2024

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Microsoft is not buying Valve and Counter-Strike for £12 billion (metro.co.uk)

submitted 6 months ago by deranger@sh.itjust.works to c/games@sh.itjust.works

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[–] TommySoda@lemmy.world 168 points 6 months ago (4 children)

I'm a PC gamer and have been since I was a kid. It's literally my number one thing I do when I have free time is get on some games and hang with the boys. It's a big part of my life.

As game companies go, I don't trust Microsoft, EA, Ubisoft, Blizzard, Bethesda, Sony, Epic Games... It's a long list. Valve is the only company I even kinda trust (Which isn't even that much these days). If Microsoft bought Valve I'd probably never buy a PC game again. Because all the companies selling them would be companies I don't wanna give money.

But it's not true that they were buying it so it's a moot point. Just wanted to rant. :)

[–] tigeruppercut@lemmy.zip 112 points 6 months ago (3 children)

GabeN has pretty much all the moneys and doesn't seem to be the kind of guy who needs a dick shaped rocket to feel like his daddy loves him. The only way Valve is going anywhere is after he kicks it.

[–] 0110010001100010@lemmy.world 65 points 6 months ago (2 children)

Without digging too far, seems hit net worth is around $6 billion. Obviously that's nothing compared to say Bezos but if he wanted to ride a dick-shaped rocket into space I'm sure he could arrange it. He does, however, own the sub that holds the records for deepest crewed dives in all 5 oceans: https://en.wikipedia.org/wiki/DSV_Limiting_Factor

As you said though, he seems to be pretty much chill and until the day he passes away I think Valve is safe. And that will be a sad day...

[–] SGG@lemmy.world 27 points 6 months ago

Wonder if it's piloted using a steamdeck or controller?

[–] rozPierog@lemdro.id 14 points 6 months ago

And he does invest heavily into Brain Computer Interface https://starfishneuroscience.com/team/

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[–] 7U5K3N@lemmy.dbzer0.com 22 points 6 months ago (1 children)

Preach on man... I feel the same way. If microshit bought Valve, I'd never buy another thing on the platform. And you could effectively forget Linux gaming as well.

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[–] reksas@sopuli.xyz 10 points 6 months ago* (last edited 6 months ago)

if microsoft bought valve, i would radicalize pretty badly. Not much else to do after ones only real hobby goes up in flames.

[–] Gutek8134@lemmy.world 10 points 6 months ago (6 children)

If Microsoft bought Valve I'd probably never buy a PC game again. Because all the companies selling them would be companies I don't wanna give money.

What about itch?

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[–] Gerudo@lemm.ee 115 points 6 months ago (5 children)

I'm sorry...ppl thought this was real? They paid like 60 something billion for blizz. VALVE is EASILY worth that, if not double.

[–] lemmyvore@feddit.nl 87 points 6 months ago (1 children)

Also Gabe hates Microsoft, and Valve is a private company so he doesn't have to sell.

[–] the_third@feddit.de 43 points 6 months ago (2 children)

I fear the day that man dies. I hope I have lost interest in gaming at that point.

[–] 9point6@lemmy.world 34 points 6 months ago (2 children)

I'm assuming there will be a willy wonka style competition to determine his heir any day now

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[–] psycho_driver@lemmy.world 16 points 6 months ago (2 children)

He and Linus both will leave behind interesting vacuums.

[–] flying_sheep@lemmy.ml 9 points 5 months ago (1 children)

Not Linus. He has a lot of people he trusts

[–] sugar_in_your_tea@sh.itjust.works 10 points 5 months ago

I'm guessing Gabe Newell does too. I highly doubt he hasn't considered succession at this point, and I'm guessing people he trusts are already largely running everything anyway.

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[–] Subverb@lemmy.world 91 points 5 months ago (2 children)

Steam has to be worth a lot more than 12 billion.

[–] Appoxo@lemmy.dbzer0.com 31 points 5 months ago* (last edited 5 months ago)

Considering what they paid for bethesda and co (7.5 bil) they should at least pay 100 bil.
They (estimations by random pages) already made a billion in revenue from cs cases in 2023.
No way they are <70 bil for the cash cow Steam is in comparison to ABK.

[–] Shadowedcross@lemmy.world 13 points 5 months ago (1 children)

Steam basically IS PC gaming, and probably has more active users than Xbox or Playstation, maybe even combined. There's no way it's worth any less than Activison Blizzard

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[–] unreasonabro@lemmy.world 87 points 5 months ago* (last edited 5 months ago) (4 children)

Jesus christ what a nightmare suggestion. That would be the death of the last good site on the internet. The enshittification they would inflict upon us as they fire all the senior staff, "legally" and onesidedly change all the contracts you've signed without your consultation, prune content, discontinue support for features and gear (byebye linux users), and increase their cut of dev's pie - it'd be truly legendary. Legenshitty, that's how bad it would be.

[–] Emmie@lemm.ee 28 points 5 months ago* (last edited 5 months ago)

Thousands would board the ships again. The stability of steam is a huge reason why I often buy games

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[–] ElectroLisa@lemmy.blahaj.zone 83 points 5 months ago (2 children)

“Valve would rather disintegrate than sell out” I think that was their answer to rumours of an EA acquisition of Valve, and it seems to stay true to this day

[–] supersquirrel@sopuli.xyz 27 points 5 months ago (1 children)

Bandcamp used to be like that, ultimately it is a fundamentally empty promise, someday sooner than you think it will happen to valve. Enjoy it while it lasts but lets keep a keen eye on the future.

[–] nxdefiant@startrek.website 24 points 5 months ago (2 children)

It'll probably happen when GabeN dies or retires.

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[–] Pringles@lemm.ee 62 points 6 months ago (3 children)

The rag called metro making news from random stuff again, I see. This is not even news. It's literally "reporting" that something is not happening.

Like this: "Intel not buying AMD for 6B$" Industry insiders report that Intel has decided not to buy their rivals for 6B$. The CEO of AMD has reportedly stated having no interest in selling to Intel. Their spokesperson, when confronted with this breaking news, replied "WTF have you been smoking, Pringles?" We will continue to report on this story as it continues to develop.

[–] Donut@leminal.space 25 points 6 months ago

They are just covering what a rando on Xitter is saying. Sadly this is the news cycle nowadays:

Unverified / unknown person posts a claim on X > "news" websites write a 6 paragraph article about this single post

And instead of being critical, people just gobble up anything as if it was true.

[–] EnderMB@lemmy.world 10 points 6 months ago

Metro is owned by the Daily Mail Group, which is why they're so shit. It's an output for news-esque shitposting.

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[–] oyo@lemm.ee 61 points 5 months ago (2 children)

Kellogg's Cereal is not buying Raytheon Aerospace.

-equivalent headline

[–] bionicjoey@lemmy.ca 21 points 5 months ago

I'd believe in a Raytheon Kellogg's merger before I believed GabeN would sell to M$

[–] casual_turtle_stew_enjoyer@sh.itjust.works 12 points 5 months ago (1 children)

SpaceX will not be selling itself to Boeing, surprising absolutely nobody

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[–] Anderenortsfalsch@discuss.tchncs.de 47 points 5 months ago (1 children)

I hearby announce that I am also not buying Valve & Counter-Strike for £12 billion. You heard it here first!

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[–] Draegur@lemm.ee 43 points 6 months ago* (last edited 5 months ago) (2 children)

valve is a fucking money printer

honestly would be funny if valve bought microsoft instead

(edit: typo and clarification)

[–] Soup@lemmy.world 38 points 6 months ago (1 children)

We’d get to watch Microsoft somehow destroy it, which would be as amazing as it would be awful. They really know how to make a great product terrible.

Though, who am I kidding, they’d just close the entire thing down and expect people to switch to their store. That’s all capitalism’s “competition” is good for these days.

[–] Draegur@lemm.ee 23 points 6 months ago* (last edited 6 months ago) (2 children)

i for one would find it absolutely hilarious if valve just closed microsoft as a "redundant" or "vestigial"

big ole uno reverse card

[–] Gork@lemm.ee 18 points 6 months ago (5 children)

Let's hope for a future where SteamOS ushers in the Year of the Linux Desktop and SteamOS replaced Windows everywhere.

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[–] lemmyvore@feddit.nl 14 points 6 months ago (2 children)

Microsoft sits on an incredible amount of cash. I've read that they could do nothing for a ridiculous time period like 50 or 100 years and still not go bankrupt.

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[–] xploit@lemmy.world 37 points 6 months ago (1 children)

As lucrative as Valve and Steam may seem to buy, even for 10x that amount, any analyst who is realistic about suggesting the purchase to another company would know that it isn't worth it. Not that it's a bad buy, but whoever can afford to buy it likely could not help themselves but fuck it up and run the whole operation to the ground.

[–] SkabySkalywag@lemmy.world 14 points 6 months ago (3 children)

I agree with you and that works in a sane economy. Thank fucking Christ that Elon isn't a big gamer....

[–] copygirl@lemmy.blahaj.zone 11 points 6 months ago

Elon was able to buy Twitter because it's public, and it wasn't making money.

Valve is a privately owned company, and I have a feeling they care a little about what they're doing.

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[–] buddascrayon@lemmy.world 27 points 5 months ago

Next in the news "water is wet".

[–] Paranomaly@sh.itjust.works 27 points 6 months ago* (last edited 6 months ago)

I feel like Steam would make more than 12 billion pounds in the time it would take for a take over to finalize

[–] slaacaa@lemmy.world 25 points 6 months ago

So no Win11-only compatibility and copilot bloatware in Steam? What a sad day 🙁

[–] SloppyPuppy@lemmy.world 21 points 5 months ago (1 children)

12bil for steam? Nah man, its probably triple than that.

[–] buddascrayon@lemmy.world 29 points 5 months ago (3 children)

Activision, which is like Valve's slower and far less intelligent cousin, sold for $59B. Valve would be worth orders of magnitude more than that.

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[–] LodeMike@lemmy.today 17 points 6 months ago

I really hope the FTC would block that (if it were to actually happen)...

[–] HawlSera@lemm.ee 11 points 5 months ago

Never thought they were.

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