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Faliszek: We're not selling Valve to Nexon

By Dan Pearson

Faliszek: We're not selling Valve to Nexon

Fri 28 Sep 2012 12:59pm GMT / 8:59am EDT / 5:59am PDT

"We're pretty happy, we're doing okay."


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Valve's Chet Faliszek has rubbished the rumours of Valve discussing a deal which would see the company bought out by Korean publisher Nexon, telling GamesIndustry International that there's nothing of the sort planned.

The story, originating from Korean newspaper JoongAng, originally posited that Nexon was looking to buy Valve and had met in Hawaii to discuss a price of $893 million - incredibly low for a company as successful as Valve.

Speaking in an interview conducted at the Eurogamer Expo today, which will be published early next week, Faliszek explained that the rumour, much like the rumours of deals with EA and Apple before it, were completely fabricated - as well as being bewildering.

"It's the same as when Tim Cook came by and visited us," Faliszek explained, referring to the previous story that a deal was in the works to sell Valve to Apple.

"It's weird, because Gabe just gave that interview to the NYT which everyone was quoting - it's weirdly twisted how they took it. They were asking if we were going to sell out to someone and Gabe was like, we're not going to do that. The guy made the question to be about, 'how's this going to end'.

"There's no thoughts about that - everyone likes working there, we like working together we like the culture we have and the way it works because of all the parts of it. We're not changing any of that, we're pretty happy. We're doing OK."

Asked directly if he could categorically deny that a sale was on the cards, Faliszek offered an uncompromising clarification, as well as a possible explanation for the source of some of the other rumours.

"Yeah!" he replied when asked if he'd explicitly deny the rumour. "It's funny because now all the internal emails will start - 'what's going on, this makes no sense!' Where can these rumours possibly come from? The Apple rumour I think was from someone next door - there's a steakhouse next to us and whenever anyone eats there who has some security they therefore must be meeting with us or something! I don't know, it's bizarre."

The full interview with Chet, including discussion of Steam's rivals and the utmost importance of the service's community, will be published early next week.

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Dave Herod Senior Programmer, Codemasters

534 801 1.5
Two news articles for the price of one to report that nothing happened.

Posted:4 years ago


Pier Castonguay Programmer

189 108 0.6
Small error in the article:
[...]we like working together we like. The culture we have and the way[...]

Posted:4 years ago


Tim Carter Designer - Writer - Producer

640 370 0.6
Sounds a little status quo-ish.

Edited 1 times. Last edit by Tim Carter on 28th September 2012 4:38pm

Posted:4 years ago


Mbuso Radebe Associate Producer, Smoking Gun Interactive Inc.

57 23 0.4
I think it was Tim Cook and not Tim Schmidt who visited Valve.

Posted:4 years ago


Dan Pearson European Editor,

148 467 3.2
Mbuso: good spot - Chet actually said Schmidt, but did mean Cook. Fixed!

Posted:4 years ago


Jason Sartor Copy editor/Videographer, Florida Today

111 46 0.4
I am just curious as to why these rumors keep popping up with Nexon.
I guess the next time we read a story about Nexon to buy a gaming company it will be ActivisionBlizzard - oh wait, now I just started the rumor. At least Vivendi is reportedly interested in selling its 62 percent stake in AB so it could at least seem legit - if Nexon has anywhere near the cash, funding and/or market cap to make a run for AB.

Posted:4 years ago


Simon Dotschuweit MD SE / CTO, Dorado Games

30 4 0.1
@Dave: Couldn't agree more ;)

Posted:4 years ago


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