Rumor: Nexon and NCsoft eye Valve buyout

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2012-09-27, 08:10 AM
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Rumor: Nexon and NCsoft eye Valve buyout
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Quote:
Originally Posted by MMOcrier

Filed under: MMO industry, Legal, Miscellaneous

http://www.blogcdn.com/massively.joy...2/09/valve.jpg
A South Korean newspaper is reporting that MMO companies Nexon and NCsoft are joining forces to consider buying Valve. The two companies have been gathering together funds via stock sales and real estate deals. A meeting between the three companies supposedly happened in Hawaii on September 26th to haggle on a $893 million-plus deal.

The three companies are already entangled in various business dealings. Nexon is NCsoft's biggest shareholder, and both companies have titles represented on Valve's Steam service. Additionally, Nexon licenses Counterstrike in Asia and announced that Counterstrike 2 was on the way.

NCsoft said that "there is no truth to this rumor" while Nexon refused to comment. Valve has been the subject of other attempted buyouts, including a reportedly $1 billion-plus deal from EA. Valve CEO Gabe Newell has gone on record saying that it would be more likely for Valve to disband than the company selling out.http://www.blogsmithmedia.com/www.jo...a/feedlogo.gif Rumor: Nexon and NCsoft eye Valve buyout originally appeared on Massively on Thu, 27 Sep 2012 09:00:00 EST. Please see our terms for use of feeds.

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Source: GamesIndustry.biz, The Verge
2012-09-27, 09:03 AM
Jamesie

Re: Rumor: Nexon and NCsoft eye Valve buyout

I think I'd rather see Valve disband than in the hands of Nexon and/or NCsoft.
2012-09-27, 09:05 AM
Nion

Re: Rumor: Nexon and NCsoft eye Valve buyout

What makes Nexon think they'll be able to buy Valve for 800 million if EA already tried to buy it for 1 billion?
2012-09-27, 09:12 AM
Fiel

Re: Rumor: Nexon and NCsoft eye Valve buyout

Quote:

Originally Posted by Nion

What makes Nexon think they'll be able to buy Valve for 800 million if EA already tried to buy it for 1 billion?

Because money isn't everything? Because EA might no longer be interested in negotiating?

Nexon might have other perks for the company in mind that EA simply didn't offer.
2012-09-27, 09:16 AM
Corn

Re: Rumor: Nexon and NCsoft eye Valve buyout

Oh no no no no no no no no no no if this happens I think I might actually bawl my eyes out.
2012-09-27, 09:39 AM
SethElite

Re: Rumor: Nexon and NCsoft eye Valve buyout

No no no no no no no

I wanted to work at Valve once I finished school...
2012-09-27, 09:44 AM
Corn

Re: Rumor: Nexon and NCsoft eye Valve buyout

Quote:

Originally Posted by SethElite

No no no no no no no

I wanted to work at Valve once I finished school...

Just FYI Valve wants 5 years of experience.
2012-09-27, 09:51 AM
SethElite

Re: Rumor: Nexon and NCsoft eye Valve buyout

No internships?

Oh well.
2012-09-27, 09:54 AM
Sarah

Re: Rumor: Nexon and NCsoft eye Valve buyout

This would never happen. Valve is a privately-held company so it's not like Nexon could buy them out on the market, and there's no way that Gabe would ever sell.
2012-09-27, 10:00 AM
Dusk

Re: Rumor: Nexon and NCsoft eye Valve buyout

This is not even a possibility, given Valve's company culture.
2012-09-27, 10:10 AM
Foxino

Re: Rumor: Nexon and NCsoft eye Valve buyout

Nexon is prob just testing their luck. Valve is doing pretty good by themselves, Nexon just wants moar power over the game industry
2012-09-27, 10:21 AM
byakugan

Re: Rumor: Nexon and NCsoft eye Valve buyout

Guys, guys, I'd be best if Nexon bought out Valve. If they do then we all can write tickets asking them to finally make Half-Life 3. Let's all support this
2012-09-27, 10:23 AM
icephoenix21

Re: Rumor: Nexon and NCsoft eye Valve buyout

Possible rip</3 for my favorite zombie game company ._.

http://25.media.tumblr.com/tumblr_m9...z106o1_500.jpg