Newell: I'd Rather See Valve "Disintegrate" than Fall into EA's Hands

Gabe Newell, Managing Director of Valve, made it quite clear recently that he’d rather see his company “disintegrate” than be absorbed into a larger company that would scavenge it for resources. In an interview with The New York Times, Newell stated, “It’s way more likely we would [let Valve go bankrupt] 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."

Valve "Jumping In" to Hardware Market?

Not too long ago, rumors of a “Steambox” started to appear at various outlets online. While a Steam based console would revolutionize console gaming as we know it, though, eliminating the need for physical copies of software, as Steam has done with PC gaming, would represent an enormous gamble and undertaking for any business. These rumors dissipated with time, but may have had a bit of truth to them after all. Valve recently posted a job opening for an industrial designer; the same title employees at Microsoft filled when designing the Xbox 360.