Valve Corp Outline

Valve Corporation

About Valve

A private video game company and distributor of digital media.

It’s headquarters are in Belleview Washington

Has over 400 employees

Its equity is approximately $2.5 Billion a year.

Famous for its “Steam Engine” and for making the video games

Half-Life

Left for Dead

Won the Escapist Magazine  best developer of 2010.

Founding

About Gabe Newell

Worked as a producer for Microsoft corp. for 13 years.

In 1996, alongside colleague Mike Harrington, left Microsoft to create Valve.

Background in Microsoft helped Valve start out with a relationship with Microsoft and Gearbox (famous for Borderlands).

Relationship with these companies would forever affect Valve.

Valve

Became a respected company in 1998 when it created the game Half-Life.

After Half-Life the company went on to create other famous games (from 1998 to present)

Team Fortress

Portal

Counter- Strike

Left For Dead

Dota 2

New ventures

In 2001 the Valve went online and launched its online page, and through it gave us Steam.

Steam made Valve corporation the famous distributor of media that it has become.

What Steam is

A online distribution program where customers can buy pc games and entertainment software. (similar to iTunes)

Allows the public to access their games and software from any computer, Linux, or mobile device around the world.

Allows independent game developers to sell their games

Why Steam
is better then the rest

Offers bundles and packages  that other game distributors wouldn’t.

Steam sales would have games from different publishers at 50-75% off.

Has over 2,000 games to choose from.

Gamers connect with over 40 million users.

They can form groups

Exchange items

Even create new content for games

Steam players obtain tools to develop personal things (sort of like DLCs) for their own games: items, clothes, etc

The Steam Box

In 2012 announced the current development of the Steam Box was announced

Will be a mixture of a computer system and a console game that will run in their new Steam OS

Will work with the Steam engine

Will be able share games with friends

Have parental controls

Will have the option to live stream gameplay

Its design is made to eliminate the use of disk space, since the games will be online

The Steam box

Valve Controller

Valve is owned by Gave Newell and Mike Harrington and is not listed in the Stock Exchange.

Currently Valve’s strongest competitors are

GameStop corp.

Gamefly corp.

Electronic Arts Inc.

Valve’s bright future

Valve’s rise in commercial value allowed it to buy Turtle Rock studios in 2010.

2013: creation of Pipeline

Intern project for high school students to learn how to create video games.

In 2013 announced that it had a deal with director Peter Jackson to make a movie of Portal or Half-Life.

3.   This  Bloomberg BusinessWeek announced that Apple is in the midst of talks to purchase Valve.

SWOT

Strength

Weakness

Opportunities

Threats

Strength

Due to their experience from working with Microsoft they had connections with other publishers

With no chair holders the owners are able to do anything they want without consent of others except those in head of department.

Well known for their source engine which they use in all their games

Weakness

Due to their games and publishing they’ve had a few incident and copyright claims some with

Blizzard, Inc

Viviendi Universal

Due to new consoles having same hardware as current computers , it affects sales on computer games because gamers are now able to play high res games on their TV consoles taken away sales from computer games.

Opportunities

They are constantly updating their programs and always keeping up to date with current competitors

They are always expanding and are interested in trying new things

They are always looking for new talented people

They offer tutorials for those who want to start getting into game design

Threats

Other big publishing companies such as:

Gamefly

RedBox

EA

citation

Article

Bernstein, Mark. “10 Tips on Writing the Living Web.” A List Apart: For People Who Make Websites. A List Apart Mag., 16 Aug. 2002. Web. 4 May 2009.

Edwards, Cliff. “Valves Steam Machine Join Game Console War.” BloombergBusinessWee­k, BusinessWeek.com, Online. Published November 13, 2013. Accessed, November 15, 2013.

Hoovers, “Valve Competitors” http://www.hoovers.com/company-information/cs/competition.Valve_Corporation.92ff360a341fdd05.html

Alec Kubas-Meyer, “Will Valve’s New Steam Controller Revolutionize Video Game Play?” , http://www.thedailybeast.com/articles/2013/09/27/will-valve-s-new-steam-controller-revolutionize-video-game-play.html , Online, Published September 27th 2013

Tom Risen, “Valve Gaming Console Targets Sony PlayStation, Microsoft Xbox”

Images

http://t4.rbxcdn.com/50d55564ed3ba7bca052b456dd1ea3cd

The endWilfredoTorres OralReport ValveCorp