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Google acquires video game company Valve

Posted by superstar23 on September 19, 2008

Bangalore: After acquiring Korean blogging company, Tatter, search engine giant Google is now looking to purchase Valve Software, an American video game development company. According to an Inquirer report Google is interested in Valve primarily for its Steam Digital distribution service, which earlier this year surpassed 15 million accounts.

Valve is developing games like Half-Life 2 and Portal. Apart from that the company is a developer of the source game engine and Steam, a broadband platform for the delivery and management of digital content.

The Inquirer conceives that Google may have its sights sets on Valve’s Steam more than any factor.

The report sees Steam as the best game distribution platform in the market, and Google may trying to solidify its position in that space and branch out from its comfort Zone. Moreover Steam has services over 15 million active users who are downloading over 440 games.

“Ostensibly, Google would want to acquire Valve to take control over the digital distribution business, which is ushering in an era of downloading games directly to consoles without physical media and the company could even use it as a new means of software distribution,” the report noted.

The report also claims that the deal will happen “any second now.” Wedbush Morgan analyst, Michael Pachter told Game Daily that he doesn’t think Valve would be a great fit for Google from a gaming angle because they are too hardcore focused, almost all PC. If all Google wants is the Steam technology/platform, however, then it doesn’t matter, but one has to wonder what happens to the development talent and the future of franchises like Half-Life.”However, Google didn’t respond said, “We do not comment on rumor or speculation.”

source:- silicon india

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