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RUMOR: Nexon, NCsoft Planning To Purchase Valve Corporation

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Posted on September 27, 2012 AT 12:10pm

It’s incredibly unlikely, but MMO gaming giants Nexon and NCsoft apparently want to acquire Valve, one of the biggest PC game distributors in the entire market. If that was true, it would be huge.

However, a Valve spokesperson has told The Verge‘s gaming hub that the reports from Korea’s JoongAng Ilbo article (part of the MSN network) are nothing more than a rumor.

Still, one can’t help but think about the choice of words there.

If the statement was false, Valve would’ve said so, rather than calling it a rumor. Moreover, Nexon and NCsoft certainly do have the money to Valve if the company ever opened itself up for business to other parties.

As the biggest MMO developers and publishers in the world, purchasing Valve would allow both companies to control a large portion of the PC market, effectively shutting down other competition.

Still, Valve isn’t exactly hurting for cash themselves, as the Steam Store provides more than enough revenue and profits for the group to run on their own, er, steam, for a quite a long time into the foreseeable future.

Source: The Verge

McKinley Noble, Contributing Editor
McKinley Noble has been writing about video games for seven years as a blogger and journalist, with each job adding to his painstakingly alphabetized collection of retro gaming memorabilia. When not cracking jokes about the gaming industry, he's a talking encyclopedia when it comes to mixed martial arts and anything MMA related. Follow him on Twitter: @KenTheGreat1. Meet the rest of the crew.

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