According to VentureBeat.com, Korean gaming giants, Nexon and NCSoft, have been participating in buy out talks with representatives of Valve. According to the report, the buy out would cost nearly $900 million.

Nexon spokesman Mike Crouch declined to comment. Valve’s spokesman hasn’t commented yet. If the talks are true, it shows the increasingly global nature of the video game business. China’s Tencent recently made an investment in U.S.-based Epic Games, the maker of the Unreal game engine and The Gears of War game series. Valve is another extremely influential game company, originally founded in 1996 by former Microsoft veterans Gabe Newell and Mike Harrington. They started out with a mega-hit, Half-Life, and have grown the company to more than 300 employees.

Reports throughout the day have indicated that both NCSoft & Nexon are denying buyout rumors. We'll keep you posted.

Read more at VentureBeat.com.

I hope this doesn't happen.. I'm sure we'd never see a counter strike 2 if it did. 

EA tried and failed to buy VALVE with an offer of over 1 billion USD. Gabe Newall flat out said he'd let the company die first.

Nothing to see here people.

CS:GO is CS2 unfortunately....

As a side note, Valve being bought out by NCSoft or Nexon would be a deathblow to the online gaming market. Also, isn't the owner of Valve already a hundred+ millionare? What, is he shooting for billionare now?

If a buyout was confirmed I'll be stripping my valve accounts & selling my accounts on ebay or some such nonsense. I have no interest in either the two horrible companies Nexon or NCSoft controlling Steam.

Yeah lets hope not..

I cant see it happennig really with Valve looking into hardware and so on.. to me it looks like they want to expand instead of sell..

Steam alone is worth more than 900M, EA payed about as much for BW and Pandemic, if any one buys Valve i doubt we'll see somthing for less than 2-3B US.

Originally posted by DiSpLiFF

I hope this doesn't happen.. I'm sure we'd never see a counter strike 2 if it did. 

 

You know, this is incredibly funny to me. 

Considering Nexon is developing Counter Strike 2 for asian countries right now

I hope not Nexon, and NCsoft are idiot companies in my eyes, and my reasons are simple.

1. Cash Shop, Cash Shop, all they do is take money from you they don't even give you your monies worth. For example in Lineage 2, or any NCSoft game I could spend $100 in the cash shop in less than a day or two and in 1 month its already gone gotta deposit more money.

2. Nexon for that matter with Vindictus a failure of a game what could be better but buying the cheap way around instance making it peer 2 peer for the most part, aka host lag.

They don't want to pay for the servers Think I am going to spend $50 to customize my character the way I want it?

Better yet how about I pay $30 a month to nexon and they give me unlimited customization options instead of charge me PER change.

Tera/Enmasse same exact thing the reason their game has failed along with TSW.

Now Imagine STEAM is it was bought by PWI, Nexon, or NCsoft, it would be cash shop everywhere. Instead they should sell out to a U.S company with some brains on market and keep its consumers happy.

I'd have to add valve to the list of gaming companies to avoid if they did this. Valve hasn't let me down yet with a new release being riddled with bugs, and having that fix it later, we need to sell copies now attitude. The list is really short if you buy from companies that do not do that. I wish more players would.

Hopefully it's all just rumors, and we can continue to enjoy great games, and great service from Valve.