What is Valve Corporation?
Valve Corporation, also known as Valve Software is an American video game developer, publisher, and digital distribution company.
The service was launched back in 2003, and has steadily evolved, being worth over $3 billion back in 2012
🎮 Valve’s Steam client
Valve’s most famous product is not a game, but rather their digital distribution platform is also known as Steam, as well as some of their proprietary game titles, such as:
This platform is what Valve uses to sell games, and it also acts as a launching platform for all the games bought via Steam.
The client has gone through many changes, and from a simple client used to update a few Valve games, it has evolved to the point where Valve uses it for :
- Digital rights management (DRM)
- Server hosting
- Video streaming
- Social networking services.
🕹️ Other similar services
Following Valve’s booming success with Steam, many videogame developers have created their own proprietary digital distribution platforms.
These include companies like:
💲 Buying games and server hosting
Valve’s main source of income comes from the selling of games, and its peak selling times are during the seasonal Steam discounts, during which many titles can be bought at up to 90% discounts.
Valve also acts as a workshop for indie developers to create, manage, and host their games, with Valve retaining only a small percentage of the revenue.
Additionally, Valve‘s Steam acts also acts as a refuge for older games, as they can also take over the server hosting services when the official game’s servers are no longer supported.
This allows older games to still have LAN support long after their parent company has ceased official support for them.