In a scenario that many hardcore gamers would regard as doomsday, The New York Times reported that publisher Electronic Arts has sought to purchase renegade PC gaming company Valve...Although, to be fair, it doesn't seem that the talks got very far.
According to The Times, Valve has been "pursued over the years by Electronic Arts," who probably valued Valve at over a billion dollars. Valve, though, with no shareholders to account for, did not take the no doubt lucrative offers from EA. Valve president Gabe Newell has very little desire to sell out. He'd rather see Valve disintegrate.
“It’s way more likely we would head in that direction than say, ‘Let’s find some giant company that wants to cash us out and wait two or three years to have our employment agreements terminate,’ ” Newell said.
The Times' profile of Valve is incredibly interesting and far-ranging. In it, Newell even gives some advice to Microsoft, on the upcoming integration of an iTunes like app store for Windows 8. “We would say to Microsoft, we understand all these frustrations about the challenges to your business, but trying to copy Apple will accelerate, not slow, Microsoft’s decline.”
Keep in mind, a Windows 8 app store for games would also be a major competitor for Steam, Valve's download service.
Source: The New York Times