Valve acquire Turtle-Rock

[Evo]

In a move which shouldn't really surprise many, Valve have acquired Turtle-Rock Studios, the development studio behind one of 2008's most wanted games, Left 4 Dead. The two companies have worked closely for many years and is a move welcomed by both parties.

"We have been seeing very strong growth with Steam and Source, our content distribution and development platforms, up over 150% over the last 12 months. Given our expectations for Left 4 Dead and our long-standing relationships with members of the Turtle Rock team, this was an easy decision. It also gives us a base from which to expand our development activities in the Los Angeles area," said Gabe Newell, president of Valve.

"Left 4 Dead fills a long-standing demand gamers have had for a coop first-person action experience, and it will also help Valve's expansion into the console market," added Doug Lombardi, Valve's VP of marketing.

"Valve has had great success bringing in projects and teams such as Team Fortress and Portal. As I spent time working and talking with the creators of those products over the past several years, it became clear that this was the right next step for myself, my colleagues at Turtle Rock, our customers, and our products," said Michael Booth, founder and CEO of Turtle Rock Studios. "We are excited to be a part of such a visionary and forward-thinking company."

More information can be found here.

[DigiQ8]

[Ennui]

Haha, excellent. Not remotely surprising.

[Xendance]

Good news. Now is there any news on Left 4 Dead?

[AHA-Lambda]

Not surprised. Heck i'm surprised it took so long.

[Evo]

Originally Posted by Xendance

Good news. Now is there any news on Left 4 Dead?

Hell this is new on Left 4 Dead

[hool10]

Gonna happen sooner or later. :-p This could either hurt or speed up the release of L4D. It could slow them down by moving to the new studio. But, they have a new studio so they could make the game faster. They also have more funding and extra help now from Valve.

They're staying in California, they're not moving up to Seattle.

[Feath]

Aquire isn't a word!

[Evo]

Originally Posted by Feath

Aquire isn't a word!

Nor is feath :arms:

[Narvi]

Oh, so the studio which basically made whatever Valve told them to make is joining Valve. How surprising.

Well, this just binds the AI talents of the L4D team to Valve even tighter.

[Rapstah]

Now they can force Mike Booth to make AI for EP3.

[hool10]

Originally Posted by deceiver

They're staying in California, they're not moving up to Seattle.

"The merger of the two companies extends Valve's development team and provides the company with a new studio in southern California."

They do have a new studio.

[Darkside55]

I AM SHOCKED

this came out of nowhere

[Asuka]

Saw this coming surprised it took this long. Good move tho.