Gabe Newell's beard

Gabe Newell: Valve's business increased by 50 percent last year

Omri Petitte at

Valve boss Gabe Newell stepped up to the stage during last week's BAFTA awards to receive the prestigious Academy Fellowship for his contributions to gaming. Presumably momentarily distracted by accepting a trophy modeled after a smirking face, a bewhiskered Newell fielded some interview questions over the normally airtight subject of Valve's business performance that hinted at the monumental scale of the studio's prosperity.


Report: EA considered buying Valve, company would more likely "disintegrate" says Newell

Omri Petitte at

A New York Times report published last weekend discussed Valve's unorthodox structure and employee handbook in the wake of the studio jumping into hardware production. According to an anonymous source in the report, competitor and partner EA once eyeballed Valve for a possible purchase valued at over $1 billion, but Gabe Newell says the company would "disintegrate" before being sold.