Rumor: Nexon and NCsoft Trying to Purchase Valve?
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.