Electronic Arts (EA) has tried to buy Valve, owner of the Steam game distribution service, the...


Electronic Arts (EA) has tried to buy Valve, owner of the Steam game distribution service, the NYT reports; the paper adds any deal would have probably sported a $1B+ price tag. Valve, which Wedbush's Michael Pachter thinks could be worth $2.5B, made waves yesterday by announcing Big Picture, a TV-friendly Steam interface that makes it more of a rival to traditional consoles. There's still plenty of speculation that Valve will either produce a Steam console or software that can enable one.

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