Valve Tanks Acquisition Rumor

Valve Tanks Acquisition Rumor

[Update: Added Valve and Google comments]

Google will acquire independent developer Valve “any second now”, according to a new report on The Inquirer.

“Well placed sources tell us that Google is going to be buying Valve any second now,” reads the report, which goes on to say that Steam, Valve’s digital distribution platform, is the principal reason Google hopes to snap up the Bellevue, Washington-based Half-Life creator.

“Valve has the best content distribution platform out there bar none. Steam may have had rough patches here and there, but they are almost all ironed out now, and just about everyone that matters has signed up to use it… When Google picks them up, it will be a clean kill, no one else will matter.”

Earlier this year Valve announced that Steam had surpassed 15 million registered users, along with plans to develop the platform by offering non-game content such as videos and music.

Web-giant Google recently made its presence felt in the interactive entertainment space with the launch of Google Lively, a 3D virtual world.

Commenting on the report, Valve and Google reps told us that talk of an imminent acquisition was merely “rumor”.

“It’s nothing more than rumor,” Valve marketing director Doug Lombardi said. “Valve is focused on making Left 4 Dead a great product and supporting folks like Crytek and Ubisoft who are bringing great games to Steam this year.”

A Google rep said, “We do not comment on market rumor or speculation.”

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