16B seems way to low for Valve and Steam to be honest. More value than Activsionin my opinion, consistent earnings with little risk. At least for now Steam is pretty much PC gaming for most people. Others store fronts have tried, but not really put much of a dent. PC gaming only seems to be on the upswing too.
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Rumour: MS approach Valve for buyout $16b offer
- Thread starter foamdino
- Start date
MonkeyClaw36
Banned
Microsoft clutching at straws, buying everything to create revenue because they are not capable of making quality games is just fucking hilarious, infuriating and sad all at once.
Just put a bullet in the head of Xbox division MS, it's SO over.
Just put a bullet in the head of Xbox division MS, it's SO over.
Edgelord79
Gold Member
I heard that Elvis is still alive on Twitter.
IlGialloMondadori
Member
XBOX business expert fans out here every day walking in with new 4D chess no loss made up scenarios.
Tomorrow - "MS is prepared to buy Sony, Nintendo, Apple, Disney, all cash. FTC cannot interfere. MS will release new XBOX iPad Playstation Switch console branded with some fuckin' Disney shit on it, running MacOS, Windows, SteamOS, iOS, DOS 3.1, OS/2 and AmigaOS with Workbench 2.1 "
Tomorrow - "MS is prepared to buy Sony, Nintendo, Apple, Disney, all cash. FTC cannot interfere. MS will release new XBOX iPad Playstation Switch console branded with some fuckin' Disney shit on it, running MacOS, Windows, SteamOS, iOS, DOS 3.1, OS/2 and AmigaOS with Workbench 2.1 "
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Hero of Spielberg
Gold Member
Seems far fetched. And a bit of a lowball offer I would have thought
Null Persp
Member
That's too low, that would be catastrophic.
Negotiator101
Member
How much is it worth then?
Complistic
Member
Random tweet gets 10 pages, cool.
Master Chief Gordon
BbMajor7th
Member
Updated for modern audiences.
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Cyberpunkd
Gold Member
Considering Gabe left Microsoft he probably knows better than anyone how a huge corporation works. Considering he is also a billionaire I just don’t see a reason for him to sell.
intheinbetween
Member
Well, though this is clearly some sort of joke or fake news, my bet is MS is not interested in Steam at all, I have the feeling the would prefer a really good relationship with Steam as a partnership but they are aware of how difficult would it be for them to acquire Steam
Hero of Spielberg
Gold Member
I don’t know … Steam just seems pretty massive. Maybe it’s right? Idk
Dr. Acid Avatar
Member
Seems
Breaking: Microsoft is buying the FTC.XBOX business expert fans out here every day walking in with new 4D chess no loss made up scenarios.
Tomorrow - "MS is prepared to buy Sony, Apple, Disney, all cash. FTC cannot interfere. MS will release new XBOX iPad Playstation console branded with some fuckin' Disney shit on it, running MacOS, Windows, SteamOS, iOS, DOS 3.1, OS/2 and AmigaOS with Workbench 2.1 "
Sorcerer
Member
I've read that there is a user with nearly 30,000 games in their Steam account... more than halfway there.
The Steam account with the most games only plays Dota 2
The games on the most stacked Steam account largely go unused, as the owner only has eyes for free MOBA Dota 2. - February 13, 2023 - WIN.gg
win.gg
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lordrand11
Member
Considering Valve averages $15 billion per year I doubt that would be a considered offer ever if it were made. That'd be like someone telling you they'll pay you one years worth of your pay upfront if you'll quit your job. It'd sound nice but at the end of it, what are you going to be able to do afterwards.
Versus ActiBlizz's 7.5 billion per year.
MS would have to pony up quite a significant amount of cash higher than the ActiBlizz purchase to get close.
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intheinbetween
Member
Well, though this is clearly some sort of joke or fake news, my bet is MS is not interested in Steam at all, I have the feeling the would prefer a really good relationship with Steam in the form of a partnership with them.
Silver Wattle
Gold Member
It's obviously xbox stans huffing big bags of hopium.$16 billion is insanely low
But if it were true, the petition and complaints sent to the Federal Trade Commission and the European Commission would make the Helldivers 2 review bomb campaign look like a fart in the ocean.
The revolt from PC gamers would be nuclear.
But if it were true, the petition and complaints sent to the Federal Trade Commission and the European Commission would make the Helldivers 2 review bomb campaign look like a fart in the ocean.
The revolt from PC gamers would be nuclear.
xcalibersa
Member
Thats revenue. They take about 30% - 4.5B. Then you have operating costs etc. I assume they have a ebita of 1.5B. So 16B is fair
lordrand11
Member
So then ActiBlizz's operating profit was probably around the hundreds of millions and sold for 75 Billion?
You're also talking about the largest self-publishing PC distribution platform across the planet with the highest number of monthly active users (averaging 120 million), I sincerely doubt they would sell for less than ActiBlizz.
Gamezone
Gold Member
So
So Valve could never sell Steam to anyone, or is it just Microsoft?
Cyborg
Member
I would say selling to MS would be a problem for regulators. Its just a opinion based on how long it took for Acti deal to be done.
IlGialloMondadori
Member
IlGialloMondadori
Member
MS shitting themselves with Xbox has created this daily sideshow of clown takes by clowns about how Xbox is gonna rule the world with this one cool trick no one saw coming.
MrRenegade
Report me if I continue to troll
And an englishman was born from their love affair. Interesting.finally....................................
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THE DUCK
voted poster of the decade by bots
So much drama. How exactly did ms "fuck up gaming" over the past year? They continue to sell a traditional console and games. Sure they didn't deliver the AAA games that everyone wanted, but it's not like the axed half thier studios, released a potatoe for $899, and said that all games must be about aliens.
Gaming is fine. You are OK.
Would ms buying steam be good for gaming overall? Probably not, since competition is good, but would the sky fall? Nope.
MrRenegade
Report me if I continue to troll
Jesus, you been living under a rock? If MS buys Steam, it will fragment the space because competitors not gonna publish their games on the platform, knowing that the money flows to MS. Steam so far was an "independent" entity, while MS actively tries to wreck the segment with GamePass, by constricting publishers/developers revenue.
But I don't see why would GN need the money when he already is swimming in it and literally do whatever the fuck he wants. Look what happened to Star Wars. George Lucas became retarded the moment he sold his child to Disney. And they raped his child multiple times, over and over again. And now what the fuck he does with that 4 bln? Eating himself to death?
JohnnyFootball
GerAlt-Right. Ciriously.
Yeah, the sky would fall. MS fucks up everything they touch.
But by all means, live in your little delusional bubble.
IlGialloMondadori
Member
The only thing worse than ms buying valve would be ms buying Nintendo.
THE DUCK
voted poster of the decade by bots
What? You think if ms buys steam developers will suddenly drop thier largest source of pc income? That makes zero sense.
Ms wasn't trying to wreck anything with gamepass, they were trying to gain customers and steady revenue sources. You act like they stopped traditional game sales and forced everyone into subscriptions on all platforms. That's not reality, it's a fantasy your mind has conjured.
The GL is just an example of someone who doesn't need the money selling thier baby.
Doesn't mean it was the right decision.
pasterpl
Member
ABK was publicly traded company so we know exactly how much profit they were making. Approx 5-6 bn usd per year in gross profit. Net income between 1.5 - 2 bn usd per year. Plus Activision had over 20bn usd in assets including 11bn usd cash on hand.
DaGwaphics
Member
This would never get by Khan, she could actually win this one. 
SEGAvangelist
Member
You're assuming Khan will always be around.This would never get by Khan, she could actually win this one.
DaGwaphics
Member
That's true. In the US big tech takes heat from all around, whoever is in the chair would probably move on it. Khan has been overly aggressive in an almost comical way, but even a more traditional person in this role would probably jump on this one (dominant operating system buys dominant game storefront). Especially with as aggressive as the FTC has been around Windows in the past.
MrRenegade
Report me if I continue to troll
Well, it happened before. And yeah, for example Sony is not going to send 30% of their revenue to direct competitors. And all the other major publishers will follow suit.
WhiteWaterM00se
Member
Possibly reactionary news to the renewed rumors that Apple may go shopping for the first time. And spend *some* of their money acquiring Disney in a full acquisition
DaGwaphics
Member
How are they on Steam to begin with, Valve also sells software? I think you are imagining a weird level of espionage in the space, they've been paying the fees, if those don't change would they really care where the fee went? I doubt it.
They'd probably be more concerned about MS making changes that hurt the store they were getting most of their sales from.
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MrRenegade
Report me if I continue to troll
THE DUCK
voted poster of the decade by bots
Sony already plans to make thier own store, so they can keep 100% of revenue. Other major publishers will go where the most gamers are.
To be honest, the pending Sony store is already a major threat to steam if it launches with day and date ps5 titles.
UniformDeliverance
Member
So, thought experiment. let's say you make almost 90% of your product sales at a store. Then a competitor buys out that store. Do you stop selling your product there and leave 90% of sales behind?
Steam is massive. Publishers are not selling there because it's independent. They are selling there because it's the biggest and many other publisher run storefronts have failed. Just look at EA, Ubisoft, Activision, Microsoft.. all of them now put their games on Steam after their own stores failed.
It won't fragment the space, because publishers have already tried and failed to do so.
MrRenegade
Report me if I continue to troll
Steam is massive and independent. If it gets bought out by Microsoft, one of the biggest behemoth in gaming space, with unlimited resources, well, major publishers gonna depart.
What makes you think their storefront failed? Because they have lower numbers? Everyone maintains their own storefronts, they sell on steam too, because steam is the most widely known. Btw Blizzard had their own store (battle.net) from the get go and never relied on anyone else, did they fail too?
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ShadowkillXNA
Member
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