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Rumor: Nexon and NCsoft Trying to Purchase Valve?

By Brian P Rubin | 27 September 2012 | 6 Comments   

valve nexon

A post on IGN (which cites Korean site  JoongAng Ilbo) today reports that Korean publishers Nexon and NCsoft are looking to raise capital for a purchase of American gaming giant Valve. In June, Nexon spent $685 million to become the largest stakeholder in NCsoft, and attempts to add Valve to its holdings would be quite the feather in the company’s cap.

However, the official word so far points to more smoke than fire: NCsoft told IGN that they “didn’t comment on rumor and speculation.”

A spokesperson for Nexon upped the ante, saying flatly: “There is no truth to this rumor.”

Of course, you never do know these days, do you? Back around the time of E3, there was all kinds of noise about Sony supposedly buying Gaikai, with plenty of denials and alibis pointing to how that wasn’t true. Then, of course, it was true after all, with Sony purchasing the cloud-gaming service for $380 million.

I’m not saying that Nexon will buy Valve, or even that they’re trying…but I am saying that rumors tend to have a kernel of truth in them in one way or another. If they’re not raising capital to buy Valve, they’re probably raising money to do something.

Via IGN and JoongAng Ilbo

6 Comments

  1. Posted by Jake on 27 September 12 at 10:11am

    Please god no.

    • Posted by Mark on 27 September 12 at 12:57pm

      +1 to that though.

      But I don’t see this happening anyway, Valve’s way too eccentric to be sway by just money.

    • Posted by Eleglas on 27 September 12 at 4:55pm

      Valve is the greatest games developer/publisher ever. How they’ve become so big, but to be uncorrupted by that and still see and account the issues for the small developers an end-users is testament to their greatness.

  2. Posted by Lurkin on 27 September 12 at 5:15pm

    If I remember right, Valve is a stock market property, which means anyone can buy the majority of the stocks with enough money, thus gaining control over Valve.

    Which if true drives chills all the way up and down my spine.

    • Posted by Mark on 27 September 12 at 6:48pm

      No, they are privately held.

    • Posted by GoFree on 28 September 12 at 4:55am

      that cant be true…those Bastards at EA would have already brought them out if that was the case and all we would have left is a shadow of what valve was.

      valve should always remain independent as pretty much the last major developer/publisher that actually cares about the gaming community rather then making more money from them…look what happened to Bioware

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