Amit Chowdhry | October 20, 2010 | 438 views | Add a Comment
Categorized under Steam, Valve Corporation

American video game development company Valve Corporation has announced that their online gaming platform Steam has surpassed 30 million accounts. This is the platform’s 6th year in a row of over 100% growth in unit sales versus the previous year. This year they have seen almost 200% growth. Part of this year’s growth is because of the launch of Mac OS X support.

Amit Chowdhry | September 17, 2008 | 1,827 views | 2 Comments
Categorized under Google, Valve Corporation

Update: NO SALE – Valve says Google isn’t buying the company
The latest acquisition rumor is that Google Inc. (NASDAQ:GOOG) may acquire Valve Corporation. Valve is best known for the games, Half-Life and Counter-Strike. The rumor was started by “well placed sources” of The Inquirer.
Why would Google buy a gaming company? Valve has a content distribution system called Steam. Steam is a way to get download free and paid games to PCs and Macs. Access to this 24/7 online store saves consumers time from having to go to a store to buy them. Steam has about 15 million users that have access to buy 440 games according to TechCrunch.
This deal is completely speculative. Personally I don’t believe the acquisition will happen because I don’t see the synergy here. But The Inquirer has it’s sources and at one point I wrote that I did not believe that Google would buy YouTube. If the acquisition does happen, this blog post will be updated.