Citing “well placed sources”, The Inquirer reported that Google is set to acquire gaming company Valve any time now. If you’re like who haven’t heard about Valve before, the company is responsible for a content distribution platform called Steam. Words on the streets say that Steam is Google’s major interest for acquiring Valve.

Industry watchers are speculating on the reason behind Google’s decision to buy Valve (if indeed, the well placed sources leaked info is correct) Some are even thinking that Google maybe entering the video market, but no words have came out yet from the Google camp. (more…)