Microsoft isn't planning to buy Valve, despite what online rumors say
Rumor has it that Valve was offer $16 billion in cash
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There’s a rumor going around that Microsoft is planning to purchase Valve, and it seems that many are buying into it.
What started this rumor and is there any truth to it? Keep on reading to find out!
Microsoft isn’t buying Valve, and here’s why
A few months ago, Microsoft acquired Activision, and just recently Microsoft’s Activision opened a new Elsewhere Entertainment studio, so it is no surprise that Microsoft might want to acquire another major developer.
As 80 Level reports, there has been a rumor floating around that Microsoft is planning to buy Valve for $16 billion.
This was first started by an X user xDiorCS, and the rumor was picked up by YouTubers and media outlets without fact-checking it.
Even X added a note stating that this hasn’t been confirmed officially in any way and xDiorCS provided zero evidence to this claim. Lastly, $16 billion is too low for such a major company as Valve.
As for the origin of this rumor, there were leaked documents during the FTC and Microsoft trial that state that the Microsoft board is supportive of buying Valve or Nintendo.
These rumors caught the eye of Tom Warren, an industry insider who confirmed that there’s no substance to these claims and that Microsoft has no plans to purchase Valve.
So there you have it, Valve isn’t going anywhere, so you can rest assured that Steam will remain free from Microsoft’s influence.
If you’re looking for more rumors, the Xbox Game Pass price might go up soon, and this is already being discussed at Microsoft, so stay tuned for more information.
