this post was submitted on 24 May 2024
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Gaming

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[–] scrubbles@poptalk.scrubbles.tech 60 points 6 months ago (2 children)

No, Microsoft Probably Isn’t Going To Buy Valve

Clickbait.

[–] Telorand@reddthat.com 9 points 6 months ago (2 children)

It's not likely anyway, given how it would almost certainly result in an antitrust lawsuit.

[–] scrubbles@poptalk.scrubbles.tech 9 points 6 months ago (1 children)

They knew they got right up to the line with the last couple, the feds were already preparing documents and they knew it.

And yet the mergers still went through

[–] Midnitte 6 points 6 months ago

Valve also has no incentive - it's basically a free money machine.

[–] teawrecks@sopuli.xyz 4 points 6 months ago

It also acts like $16 billion is both not enough, and a cartoonishly large amount. Meanwhile, Activision blizzard was just purchased by msft for $69 billion.

[–] smeg@feddit.uk 45 points 6 months ago (4 children)

Who was even suggesting that this was a thing that might ever happen?

[–] Faydaikin 16 points 6 months ago (1 children)

I think MS expressed interest in the idea. But I doubt even they saw it as an actual possibility.

[–] Kolanaki@yiffit.net 38 points 6 months ago* (last edited 6 months ago)

Thats exactly it. I think it was Phil Spencer who said he'd want Microsoft to buy Valve if the chance came up. In the same sentence he said he would buy Nintendo, too. In the same way a Gen Z'er might say "I'd like to buy a house someday."

[–] secret300@lemmy.sdf.org 5 points 6 months ago (1 children)
[–] Kissaki 10 points 6 months ago (2 children)

Insights from Dior, a prominent figure in the Counter-Strike community, reveal that Gabe Newell owns less than 25% of Valve.

Huh, I didn't know that. (emphasis mine)

[–] AndrasKrigare 9 points 6 months ago

I still don't know it. I don't have a huge amount of confidence in "a prominent figure in the Counter-Strike community" as a source for Valve's internal finances.

[–] Chewy7324@discuss.tchncs.de 6 points 6 months ago (1 children)

Shares aren't necessarily voting shares, but I don't know how that works and if it's even relevant for the private Valve corporation.

So maybe Gabe Newell does have full control over Valve, or he might not.

It's definitely interesting that it's only 25%.

[–] ssj2marx@lemmy.ml 1 points 5 months ago

IIRC Valve issues shares to its employees, but the details aren't public. There are a bunch of different corporate ownership schemes out there that it could potentially be.

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[–] soulsource@discuss.tchncs.de 31 points 6 months ago

Acquisitions felt kinda cool when Microsoft was dishing them out like nobody’s business prior to the pandemic.

No, it did not. Consolidation usually is bad for employees and customers, and anyone who hasn't been living under a rock for the last 150 years has had plenty of opportunities to observe this.

[–] FartsWithAnAccent@fedia.io 24 points 6 months ago

That would be an absolute nightmare for gamers, please no.

[–] guyrocket@kbin.social 23 points 6 months ago (1 children)

Fuckin SHUT UP!

We don't want to give those MS assholes ANY ideas.

[–] KairuByte@lemmy.dbzer0.com 2 points 6 months ago* (last edited 6 months ago)

Doesn’t matter, there’s a snowballs chance in hell Valve will sell.

[–] Plume 22 points 6 months ago* (last edited 6 months ago) (1 children)

I could come up with a thousand reasons as to why this would never happen. Hell, I could even argue that the whole Steam Deck's existence comes from a series of decisions that Valve made out of hatred for Microsoft. So, yeah, it's not happening.

Still though, as a thought experiment, imagining a world where tomorrow, Steam is owned by Microsoft, it's... interesting, to say the least. In the most horrifying way possible, but interesting nonetheless. Quite frankly, I can't imagine anything worse happening for video games. Like to me, this is what a video game apocalypse sounds like.

[–] CileTheSane@lemmy.ca 4 points 5 months ago

Still though, as a thought experiment, imagining a world where tomorrow, Steam is owned by Microsoft, it's... interesting, to say the least. In the most horrifying way possible, but interesting nonetheless. Quite frankly, I can't imagine anything worse happening for video games. Like to me, this is what a video game apocalypse sounds like.

Yarr. ☠️

[–] DAMunzy@lemmy.dbzer0.com 15 points 6 months ago (1 children)
[–] AndrasKrigare 5 points 6 months ago (1 children)

Wonder how much money the website made for making up this rumor

[–] FartsWithAnAccent@fedia.io 1 points 5 months ago

I doubt they were able to pull off starting the rumor, more likely it started on its own and they picked it up to drive clicks.

[–] JokeDeity@lemm.ee 14 points 6 months ago

Here's why anyone who thought that was happening is a dumbass: because obviously.

[–] fwygon 13 points 5 months ago (1 children)

Gabe Newell knows that any potential buyer will run Valve into the ground. Thus he already promised too long ago that he would never sell or let Valve go public.

Considering how many game studios that Microsoft just killed off in the last 3 years alone; they're never going to be worthy of buying Valve.

[–] Sina 2 points 5 months ago (2 children)

I just wish he lived a healthier life.

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

He actually lost a shit ton of weight after he moved to New Zealand

[–] Vodulas 1 points 5 months ago

What do you mean?

[–] tombruzzo@lemm.ee 5 points 5 months ago (1 children)

I'm still mad about what Microsoft did to Rare and think about what the Nintendo landscape would look like if it never happened

[–] HawlSera@lemm.ee 3 points 5 months ago

The story I heard was they bought Rare thinking this would give the rights to Donkey Kong, and when they realized this wasn't the case after the fact, they basically threw them into the Kinect mine, which later became the Sea of Thieves mine.

[–] HawlSera@lemm.ee 4 points 5 months ago

If Valve was a publicly traded company, Steam would have turned to shit ages ago.