this post was submitted on 22 Sep 2023
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[–] phx@lemmy.ca 28 points 1 year ago (1 children)

Given that Valve is a private company, I hope this would also mean that it's a bit harder for MS to attempt a hostile takeover by buying up majority stocks.

But yeah, MS can fuck right off. The only reason to buy Valve would be to reduce competition

[–] M500@lemmy.ml 1 points 1 year ago (1 children)

Since it’s a private company, they can’t perform a hostile takeover. There are no shares to buy.

[–] phx@lemmy.ca 1 points 1 year ago

Actually, private companies can still have shares - they're just not listed through a public stock markets - and the transfer of such generally need to be approved by the company.

[–] thisbenzingring@lemmy.sdf.org 22 points 1 year ago (1 children)

I kinda doubt that Valve would sell. They are a small private company and from what I know, the owner group are already wealthy beyond understanding.

Plus I think that breaking the Microsoft monopoly on gaming is Gabe's mission in life. For those that might not remember, Gabe Newell was the biggest name that moved gaming from DOS to Windows. The fact that Gabe was a part of the golden age of Microsoft and never went back and his company is a thorn in the side of Microsoft constantly... While Gabe is still alive, I don't see Valve ever being anything but a private owned company.

[–] Privatepower42@fosstodon.org 1 points 1 year ago (1 children)
[–] thisbenzingring@lemmy.sdf.org 1 points 1 year ago

that's a good question, all the mavericks are getting old. There needs to be some fresh blood in the game, mixing it up on these titans!

[–] autotldr@lemmings.world 2 points 1 year ago

This is the best summary I could come up with:


Well, remember that recent Microsoft leak that showed off a bunch of potential game releases?

In an email from Phil Spencer spotted by The Verge, there was talk about their plans including wanting to buy up the likes of Nintendo and even Valve with Spencer noting "But our BoD has seen the full writeup on Nintendo (and Valve) and they are fully supportive on either if opportunity arises as am I" (BoD being Board of Directors).

Not that Valve has any need at all to sell, they pretty much print money thanks to their 30% cut from most developers on Steam.

If the above ever were to happen, it's not really likely they would continue all of Valve's big investments into Linux given how even with the Steam Deck the market is small.

After all, Valve put all these resources into Linux because they don't want to be entirely at the whims of Microsoft for their store, and Valve clearly want their own platform so Linux with Proton + Steam Deck is key to that.

So, Microsoft, please continue to keep your filthy hands off Valve (but keep putting your games on Steam okay?


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