I’m a little surprised it’s that low. I mean, considering their cloud and hardware divisions they’d be getting, shouldn’t Valve pay a bit more than $16m to buy Microsoft?
In 2022, Blizzard was valued at $60B and had a gross profit of $5.4B. Valve almost certainly had a gross profit more than that (Microsoft estimated $6.5B in 2021). $16B would be such a laughably low figure for the company, especially since Microsoft bought Blizzard at $70B (market cap of $74B around the same time). Not to mention how low-risk Valve’s profit is.
That… weirdly… seems like a lowball given the recent success of the steam deck
$16B for Valve ? Clown offer 🤡
Almost certainly fake, but what a horrible thought.
As long as valve say no then they can offer all they like. That is the advantage of not being a publicly traded company!